You've held, sold, and traded cryptos in the UK. You're done combing through your records, consolidating your transactions on a crypto tax tool, and computed for your taxes with a tax expert. You're ready to pay your dues to the HMRC, but how do you do exactly that? In this short post, we'll walk you through the process of reporting and paying your cryptocurrency taxes to the UK. You'll also learn some tips to simplify your tax computations for a worry-free and smooth HMRC transaction. Keeping Your Crypto Taxes In Check The first thing to do in preparing your crypto taxes is to consolidate all your transactions and data from all exchanges, wallets, and crypto platforms you've used. It would be best if you did this for every cryptoasset you've had before and now. For instance, you hold and transact using Bitcoins, Ethereum, Litecoin, and Ripple. You need to consolidate your data for each of these four different cryptocurrencies. Be extra-mindful of the tax year you're in as you go through your transaction dates.