Software

Recap NFT Gallery with AI Appraisals

Recap is a crypto tax software and portfolio tracker with AI-driven appraisals and tax reports.

Source rating 5.0 (54) 32k views 32k/mo traffic 0 saves Freemium
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Verdict

A quick read before you dig into the full page.

Best if
You are crypto traders and need: Calculate and report crypto taxes in the UK
Skip if
You need enterprise SLAs or a fully managed team plan right away
Pick this when
Freemium · Free + from $119 / year

Overview

Recap NFT Gallery bridges the gap between your NFT portfolio and your taxes by showing you AI-driven appraisals alongside profit and loss for your whole portfolio. Recap uses this data to calculate your whole crypto tax position and your crypto-net worth. Recap is the most private crypto tax software and crypto portfolio tracker. Automatically connect Coinbase, Binance, Uphold and other exchanges & wallets.

Recap NFT Gallery with AI Appraisals screenshot

Best for

Short scenarios where Recap NFT Gallery with AI Appraisals tends to shine.

  • Calculate and report crypto taxes in the UK

    Best for Crypto traders

  • Track the value of your crypto portfolio in real-time

    Best for Crypto investors

  • Analyze trading performance and plan future investments

    Best for Accountants

  • Share tax reports with your accountant

    Best for Tax advisors

Example outputs 1

Sample generations and before/after results for Recap NFT Gallery with AI Appraisals.

Access & connections

Where you can use Recap NFT Gallery with AI Appraisals.

Platforms

Web

Capabilities

What this tool accepts, produces, and is strongest at.

Highlights

  • Crypto tax calculation
  • Crypto portfolio tracking
  • NFT gallery and appraisals
  • Automatic exchange and wallet connection
  • HMRC tax report generation
  • Data encryption and privacy

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FAQ 9

What is Recap?
Recap NFT Gallery bridges the gap between your NFT portfolio and your taxes by showing you AI-driven appraisals alongside profit and loss for your whole portfolio. Recap uses this data to calculate your whole crypto tax position and your crypto-net worth. Recap is the most private crypto tax software and crypto portfolio tracker. Automatically connect Coinbase, Binance, Uphold and other exchanges & wallets.
How to use Recap?
Connect your crypto exchange accounts and wallets to Recap via API or CSV import. Recap automatically calculates your crypto tax position, finds fair market values, applies HMRC rules, and generates tax reports.
Do you pay tax on crypto in the UK?
Yes, HMRC have confirmed that cryptoassets are taxable in the UK. Most crypto gains will be subject to Capital Gains Tax but sometimes Income Tax can apply. The tax treatment depends on the type of activity.
How much tax do I have to pay on crypto in the UK?
You will have to pay capital gains tax on your gains above the annual capital gains tax exemption (£12,300 for the 2021/22 tax year) at a rate of 10% or 20% depending on if you are a basic or higher rate tax payer. Note, the CGT exemption is not exclusive to crypto - capital gains from other property should also be included.
How does Recap help with crypto tax in the UK?
Recap calculates crypto taxes automatically providing peace of mind for crypto traders! Once you have imported all of your transactions, Recap finds the fair market value for your assets at the time of each trade, applies all HMRC rules (including Section 104 pooling and bed and breakfasting) and calculates your capital gains and income taxes! You can download all the tax reports needed to file your self assessment or share with your accountant.
Can HMRC track crypto?
Although crypto is pseudonymous, all transactions are visible on the online ledger meaning that activity is traceable and trails can lead back to an individual. KYC is also evolving, HMRC are known to have demanded user data from exchanges and have sent educational nudge letters to crypto users in their sight.
Are crypto to crypto trades taxable in the UK?
Yes. Crypto to crypto trades are classed as a taxable disposal and should be treated for capital gains tax.
Do I have to declare my crypto holdings to HMRC?
Providing you have not generated taxable disposals above the annual capital gains tax exemption, no, you do not need to declare your crypto holdings to HMRC. You may have purchased and now hold crypto that has increased in value, but until that gain is realised (when you make a disposal) it is not necessary to declare.
How do I report my crypto tax in the UK?
In the UK, crypto taxes should be reported via the self assessment tax return. The UK tax year runs from the 6th April to 5th April and the filing and tax deadline for reporting is 31st January of the following year. For example for the 6th April 2021 - 5th April 2022 tax year, the tax return is due on 31st January 2023.
Recap NFT Gallery with AI Appraisals Free + from $119 / year