Crypto tax return 2021: When you have to file in 2022

File online or submit in paper form: We have neatly summarized the most important filing deadlines for your crypto tax return 2021.

It usually goes something like this: taxes are the furthest thing from your mind right now, and suddenly, the deadline is just around the corner. To make sure you don’t get unpleasantly surprised by this year‘s due dates and get the most out of your crypto tax return, we’ve compiled a list of the most important EU filing deadlines per country for you. As a handy graphic to save, share, or for the more old-schooled, print out and pin to your bulletin board.

Though before we get started, we want to answer two fundamental questions you might have already asked yourself:

Do I even have to pay taxes on cryptocurrencies?

In most countries, you can trigger a tax liability as a private individual. There are only a few real exceptions. In Portugal, for example, the sale of Bitcoin and other cryptocurrencies has been tax-free since 2018. In Slovenia, no capital gains tax is levied on individuals for selling crypto, and profits are not considered income. Similarly, in Switzerland, capital gains and losses from non-commercial trading are generally tax-free. However, cryptocurrency balances are subject to a wealth tax at the year-end rate. And other income from cryptocurrencies, such as mining, staking, or lending, is subject to income tax.

I only use exchanges like Bitpanda, Coinbase or Kraken. Are they exempt from tax?

Unfortunately, no. You’re probably alluding to traditional stockbrokers that are “tax-simple.” It means that these brokers already pay capital gains tax for you. For crypto exchanges, this “feature” doesn’t exist yet. So you have to take care of your crypto taxes yourself, calculate them correctly, and declare them to the tax office accordingly.

Tax return 2021: Deadlines of important EU countries.

A quick tip: Those who file their taxes online have a little longer in certain countries. And if you work with a tax advisor, your filing deadline is extended for a good deal further. You can find the country-specific details below.

Europakarte mit Abgabefristen für die Krypto-Steuererklärung
Crypto tax return 2021: When you have to file in 2022 1

European filing deadlines for the 2021 tax return in more detail:

Germany tax deadlines

Earliest possible submission: Jan. 1, 2022
Online tax return: Jul. 31, 2022
Paper tax return: Jul. 31, 2022
Tax return via tax advisor: Feb. 28, 2023

Austria tax deadlines

Earliest possible submission: Jan. 1, 2022
Online tax return: Jun. 30, 2022
Tax return in paper form: Apr. 30, 2022

The taxpayer can extend both deadlines upon justified request. More extended deadlines are possible, for example, when represented by a tax advisor or a corporate trustee.

Switzerland tax deadlines

Earliest possible submission: Mar. 31, 2022
Online tax return: Mar. 31, 2022
Paper tax return: Mar. 31, 2022

Submission deadlines may vary from canton to canton. Deadline extensions are possible with a simple application.

UK tax deadlines

Earliest possible submission: Apr. 6, 2022
Online tax return: Jan. 31, 2023
Paper tax return: Oct. 31, 2022

France tax deadlines

Earliest possible submission: Apr. 7, 2022
Online tax return: May or June, a specific date has yet to be announced
Paper tax return: May 20, 2022

Spain tax deadlines

Earliest possible submission: Apr. 7, 2022
Online tax return:  Jun. 30, 2022
Paper tax return: Jun. 30, 2022

Italy tax deadlines

Earliest possible submission: presumably end of March
Online tax return: Nov. 30, 2022
Paper tax return: Jun. 30, 2022

How Blockpit helps you file your 2021 tax return

If you use our Blockpit Cryptotax Software, you receive country-specific reports you can directly go to your local tax office with. Are you located in Germany, Austria, Switzerland, Italy, France, or Spain? Then you are well-advised by our legally compliant tax report.

What about other countries?

For every other county, for example, the Netherlands or South Africa, our software compiles a generic report. They are a crucial first step. But to file your report completely and correctly, you need the additional help of a tax advisor. Nevertheless, with the help of Blockpit Cryptotax, you can unquestionably save yourself a lot of time and money on professional advisors.

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Disclaimer: The information provided in this blog post is for general information purposes only. The information was completed to the best of our knowledge and does not claim either correctness or accuracy. For detailed information on crypto regulations, we recommend contacting a certified legal advisor in the respective country. If any questions occur, feel free to contact us on our social media channels.

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