Recap

What is Recap?

Recap is a privacy-focused crypto tax software specifically designed for UK investors, allowing them to calculate their cryptocurrency taxes with HMRC-compliant reports. It supports importing transaction data from over 350 exchanges, including major platforms like Binance and Coinbase. With a user-friendly interface, Recap helps users navigate the complexities of crypto taxation, ensuring compliance while optimizing tax returns. Trusted by over 50,000 investors, Recap stands out as the only crypto tax calculator built in the UK, backed by local tax professionals.

How to use Recap?

1. Sign Up: Create an account on the Recap website to get started with your crypto tax calculations.
2. Import Data: Import your transaction history from various exchanges using real-time API sync or CSV uploads. This includes trading, earning DeFi rewards, or NFT collections.
3. Calculate Taxes: Recap will automatically calculate your capital gains and income taxes based on the imported data, ensuring compliance with HMRC regulations.
4. Generate Reports: Once calculations are complete, generate your tax report, which includes all necessary information to complete your SA108 tax return.

What are the main features of Recap?

• HMRC Compliance: Generates tax reports that comply with the latest HMRC guidelines, including bed and breakfast and share pooling rules.
• Portfolio Tracker: Allows users to track their entire crypto portfolio in one place, providing real-time updates on investment performance.
• Easy Data Import: Supports importing transaction data from major exchanges and wallets, including on-chain support for Ethereum and Binance Smart Chain.
• Secure Sharing: Users can securely share their data with accountants for efficient tax filing.

Who is Recap for?

Recap is designed for UK-based cryptocurrency investors who need a reliable and compliant solution for calculating their crypto taxes. It caters to individual investors, tax professionals, and accountants who require accurate reporting and tax calculation tools. With its privacy-focused approach, Recap is ideal for users who value data security and need to manage their crypto portfolios effectively.

What are the use cases of Recap?

1. Tax Filing Preparation: Use Recap to prepare and generate necessary tax reports for filing, ensuring all capital gains and income are accurately reported.
2. Portfolio Management: Track and analyze your entire crypto portfolio to make informed investment decisions and optimize future trades.
3. Compliance and Reporting: Maintain compliance with UK tax regulations by generating HMRC-compliant reports that simplify the tax filing process.