Recap

Recap is a UK-based cryptocurrency tax software platform founded in 2018 by co-founders Dan and Ben, who recognised that existing crypto accounting products were not designed for UK tax rules and did not respect user privacy. Operating as Recap Technologies Limited, the company has built the only crypto tax calculator purpose-built in the UK and backed by UK crypto tax professionals.

Core Products/Services

Recap's platform centres on two core products: a crypto tax calculator and a crypto portfolio tracker. The tax calculator automatically computes capital gains and income taxes from cryptocurrency activity in full compliance with HMRC guidelines, applying same-day rules, bed-and-breakfasting rules, and section 104 pooling. It supports complex DeFi activity, NFT transactions, staking and mining income, and generates downloadable HMRC-compliant SA108 reports.

The portfolio tracker allows users to connect exchanges and wallets via API or CSV import and monitor their entire crypto holdings — including DeFi positions and NFTs — with real-time valuations in GBP.

For accounting professionals, Recap offers a dedicated accountant portal that enables firms to manage crypto tax reporting for multiple clients from a single dashboard. The portal is used by leading UK accounting firms including Wright Vigar Chartered Accountants, Andersen, PKF Francis Clark, and ETC Tax. It provides automated capital gains calculations, full audit trails, HMRC-compliant reports, and secure client data sharing.

A Company plan is also available for businesses managing Bitcoin and crypto treasuries, providing balance sheet reports, chargeable gains reports, 10-day matching rules, and the ability to define custom accounting year ends.

Key Strengths

Recap's core differentiator is its UK-specific focus. Unlike global competitors, Recap was built specifically for UK HMRC requirements — applying section 104 pooling, same-day and 30-day matching rules automatically. All data is end-to-end encrypted and never accessible to Recap staff, reflecting a strong privacy-by-design ethos. The company holds Cyber Essentials and Cyber Essentials Plus certifications and is a member of CryptoUK, the UK's self-regulatory trade association for the crypto industry. Fair market valuations are powered by CryptoCompare, CoinGecko, Kaiko, and Oanda.

Notable Clients/Projects

Recap is trusted by top UK accounting firms including Wright Vigar, Andersen, PKF Francis Clark, and ETC Tax (Cryptax UK). The platform has a Trustpilot rating of 4.8/5 from over 118 reviews and has been featured in Yahoo Finance, CoinTelegraph, CoinDesk, Decrypt, the Daily Express, and the Financial Times.

Why Choose Recap

Recap is the only UK-native crypto tax platform built specifically around HMRC rules, offering privacy-first architecture with end-to-end encryption and zero data access by Recap staff. For accountants, the free accountant portal removes the need for manual CSV handling and provides a compliant, auditable workflow for crypto clients. The platform supports integrations with all major exchanges (Coinbase, Kraken, Binance, Bitfinex, Kraken, Kucoin, Nexo, Crypto.com, and many more) as well as Ethereum, Binance Smart Chain, and Polygon on-chain wallets.