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Guides

Guides and FAQs covering tax rules, troubleshooting, DeFi, and how to get the most out of Recap.

3 authors41 articles

UK Tax Rules

UK crypto tax rules — capital gains, income tax, loss relief, bed and breakfasting, and more.

What is the bed and breakfasting rule for cryptocurrency taxation?How are cryptocurrencies taxed in the UK? How does pooling work? How does bed and breakfasting work for Bitcoin?
Is the cost of a crypto tax calculator an incidental cost for capital gains tax?Can you deduct the cost of Recap from taxable gains? Is the cost of working out gains on cryptocurrency investments tax deductible?
Can I claim loss relief from HMRC if my cryptocurrency has lost all value?Can I claim losses for dead cryptocurrency projects? Can I claim tax back on cryptocurrency losses?
Can I claim loss relief from HMRC if my cryptocurrency has been lost?Can I claim tax losses against cryptocurrency that has been lost? Is losing cryptocurrency a taxable event?
Can I claim loss relief from HMRC if my cryptocurrency has been stolen?What to do if cryptocurrency is stolen? Can stolen cryptocurrencies be written off for tax purposes?
When do you pay income tax on cryptocurrency trading gains?Who is classified as a cryptocurrency trader by HMRC? How are cryptocurrency CFDs taxed? Do you pay income tax or capital gains on bitcoin?
What taxes do cryptocurrency miners pay in the UK?How are cryptocurrency miners taxed by HMRC? Do you pay capital gains tax or income tax on mining proceeds?
What taxes do I pay if I am paid in cryptocurrency in the UK?What taxes are paid on cryptocurrencies earned as salary? How much income tax is paid on cryptocurrency earnings?
How do I report cryptocurrency capital losses to HMRC?How do I report cryptocurrency losses to HMRC? How can I claim capital losses with HMRC? How can I offset cryptocurrency capital gains?

Troubleshooting & Data Fixes

Fix common issues with balances, missing acquisitions, unidentified assets, and pricing.

My Binance API account is wrong - what do I do?How to correct your Binance balance.
Understanding Deposits vs AcquisitionsExplains the difference between a Deposit (an internal transfer) and an Acquisition (a new cost basis event) in Recap, and why getting this right matters for accurate tax calculations.
Understanding Withdrawals vs DisposalsExplains the difference between a Withdrawal (an internal transfer out) and a Disposal (a taxable event) in Recap, and why the distinction matters for accurate capital gains calculations.
Why have I got an unidentified asset?Issues with unrecognised tokens and how to correctly identify a coin
How to fix a missing acquisition error?What to do if I have missing acquisitions in Recap
My balances are incorrect - what should I do?Find out why your balance may be wrong and how to correct it.
Why is the price of my asset different on Recap?Why is a coin a different price on your exchange and Recap?
What are zero-cost errors?Why zero-cost errors occur and how to fix them by checking your CSV data.
Understanding Pool and Portfolio BalancesLearn the difference between pool and portfolio balances in Recap
Resolving Pool vs Portfolio Balance DifferencesHow to resolve differences between your Pool and Portfolio balances
How to reclassify a transactionChanging a transaction type to affect the taxable impact
Deposit and withdrawal conversionsDeposits and withdrawals can track implicit conversions if a sent amount or received amount is specified
Why Recap Needs Your Full Transaction HistoryWhy Recap requires your complete transaction history to calculate accurate capital gains and tax reports.