About
Recap is a privacy-first crypto tax and portfolio tracking platform built exclusively for UK investors. Designed to take the complexity out of HMRC compliance, Recap imports transaction data from over 350 exchanges and wallets — including Coinbase, Binance, Kraken, Ethereum, Binance Smart Chain, and Polygon — and instantly calculates your capital gains and income taxes in line with the latest HMRC guidance, including bed-and-breakfast and share pooling rules. Beyond tax reporting, Recap functions as a comprehensive crypto portfolio tracker, showing your entire crypto worth in pounds with real-time valuations and historical performance analysis. Users can preview capital gains for free before committing to a paid report, and generated reports include everything needed to complete an SA108 and self-assessment tax return. Recap also supports accountant collaboration, allowing users to securely share their transaction data with a tax professional for delegated filing. The platform offers real-time API sync for major exchanges, on-chain wallet support, and CSV import for any remaining accounts. Trusted by more than 50,000 UK investors, Recap is ideal for crypto traders, DeFi participants, NFT collectors, and the accountants who serve them. Its UK-native design means it addresses nuances specific to British tax law that generic global crypto tax tools often miss.
Key Features
- HMRC-Compliant Tax Reports: Automatically calculates capital gains and income taxes following the latest HMRC guidance, including bed-and-breakfast and share pooling rules, and generates SA108-ready reports.
- 350+ Exchange & Wallet Integrations: Connect via real-time API sync with major exchanges like Coinbase, Binance, and Kraken, or import CSV files. On-chain support covers Ethereum, Binance Smart Chain, and Polygon wallets.
- Real-Time Portfolio Tracker: Monitor the full value of your crypto holdings in GBP, track historical transactions, and analyse investment performance to plan and optimise future trades.
- Free Capital Gains Preview: Preview your capital gains position for free before purchasing a report, helping investors understand their tax liability before committing to filing.
- Accountant Collaboration: Securely share transaction data and tax reports with your accountant, enabling delegated filing and streamlined professional tax advice.
Use Cases
- A UK crypto investor preparing their annual self-assessment tax return who needs an accurate SA108 form covering trades across multiple exchanges.
- A DeFi or NFT participant with complex on-chain transaction histories needing automated categorisation and tax calculation.
- A crypto accountant managing multiple UK clients who uses Recap's sharing features to consolidate and review client portfolios efficiently.
- A long-term crypto holder who wants to track their portfolio performance in GBP and optimise the timing of disposals to reduce their CGT liability.
- A new UK crypto investor wanting to understand their tax obligations before they file for the first time, using the free preview to assess their gains.
Pros
- UK-Specific Compliance: Built solely for the UK market by UK crypto tax professionals, meaning HMRC-specific rules like bed-and-breakfast and share pooling are handled correctly out of the box.
- Extensive Integration Support: With 350+ supported exchanges and wallets plus CSV fallback, virtually all crypto activity can be consolidated into a single, unified view.
- Privacy-First Architecture: Recap is designed with privacy as a core principle, giving UK investors confidence that sensitive financial data is handled securely.
- Free to Get Started: Users can import data and preview capital gains at no cost, making it easy to assess tax exposure before paying for a full report.
Cons
- UK Only: Recap is built exclusively for the UK tax system and HMRC requirements, making it unsuitable for investors based in other countries.
- Paid Plan Required for Full Reports: While previewing gains is free, generating complete, downloadable tax reports requires a paid subscription.
- Crypto Assets Only: Recap focuses solely on cryptocurrency and does not support reporting on traditional asset classes like stocks, bonds, or property.
Frequently Asked Questions
How is cryptocurrency taxed in the UK?
In the UK, HMRC treats cryptocurrency as a capital asset. When you dispose of crypto — by selling, exchanging, or gifting it — you may owe Capital Gains Tax on any profit. You may also owe Income Tax on crypto earned through mining, staking, or airdrops.
Does Recap support DeFi and NFT transactions?
Yes. Recap supports importing and calculating taxes for DeFi rewards, NFT trades, and on-chain activity across Ethereum, Binance Smart Chain, and Polygon wallets.
Can I try Recap before buying?
Yes. You can import your transaction data and preview your capital gains for free with no credit card required. A paid plan is only needed to generate and download full tax reports.
How do I import my crypto transaction history?
Recap supports real-time API sync with major exchanges like Coinbase, Binance, and Kraken. For wallets, you can connect on-chain addresses directly. For any other accounts, CSV import is available.
Can my accountant access my Recap data?
Yes. Recap allows you to securely share your transaction data and tax reports with your accountant, so they can review your crypto tax position and assist with your self-assessment filing.
