At coinpass, we’re always looking for ways to simplify crypto for our clients—whether that’s lowering fees, improving platform usability, or offering secure, FCA-registered access to digital assets. Today, we’re excited to announce our latest integration with Recap: a crypto tax platform designed to make tax reporting fast, accurate, and hassle-free for UK individuals and businesses.

With the 2024 tax year-end fast approaching, now is the perfect time to get your crypto records in order. Our new partnership with Recap makes that easier than ever. If you’re a coinpass user, you can now connect your account directly to Recap’s platform and generate HMRC-ready tax reports in just a few clicks—no spreadsheets, no guesswork, and no stress.

Crypto tax in the UK can be confusing, even for experienced investors. HMRC treats cryptoassets as property rather than currency, which means capital gains tax rules apply. Keeping track of every trade, transfer, and disposal across different wallets and exchanges quickly becomes a challenge—especially if you’ve been trading actively over the past tax year.

Recap solves this problem by bringing all your crypto activity into one secure, easy-to-use dashboard. Once connected to your coinpass account, Recap automatically pulls your full transaction history and calculates your gains and losses according to HMRC guidelines. From there, you can generate detailed tax reports, download supporting documentation, and even share everything with your accountant.

It’s fast. It’s accurate. And it’s fully encrypted, so your data stays private and secure.

Setting up the integration is simple:

1. Create a free Recap account at recap.io
   
2. Choose coinpass from the list of supported exchanges
   
3. Connect your account securely using API keys or file import
   
4. Let Recap do the rest—your transaction history is synced automatically

Once connected, you’ll have access to real-time tracking of your capital gains and income, a clear portfolio overview, and a suite of tax tools tailored for UK compliance. Whether you're a casual investor or a high-frequency trader, you’ll get a clear breakdown of what you owe—and what you don’t.

Recap also supports integrations with other platforms, meaning you can combine your coinpass activity with data from wallets, other exchanges, and DeFi protocols to build a complete picture of your crypto portfolio.

If you're investing personally through coinpass, Recap makes it easy to stay compliant. You’ll be able to view your gains or losses by tax year, identify tax-saving opportunities, and file with confidence—whether you do it yourself or work with a professional.

But this integration isn’t just for individual investors. UK businesses holding or trading crypto must also meet strict financial reporting and compliance standards. Recap offers a suite of tools for companies, including balance sheet reports, chargeable gains reports, and fair market value tracking—all of which are essential for accurate year-end accounting under UK GAAP or IFRS.

If your business is building a crypto treasury or using digital assets as part of its operational strategy, staying on top of tax and reporting obligations is critical. With Recap and coinpass working together, managing your crypto position becomes a whole lot easier.

Over the past few years, HMRC has increased its focus on cryptoasset activity. With clearer guidance and more scrutiny, accurate record-keeping is no longer optional—it’s essential. Failure to properly report crypto gains can result in fines, backdated tax, or worse.

By using Recap, coinpass clients can demonstrate transparency, avoid costly errors, and stay compliant year after year. Recap’s methodology follows HMRC’s share matching rules and supports Section 104 pooling, ensuring you get an accurate and legally sound tax report every time.

What’s more, the entire process is end-to-end encrypted and built with privacy in mind. Your data stays on your device, and nothing is shared without your consent.

Our partnership with Recap is just one part of a broader mission: to make regulated, compliant crypto accessible for all. As adoption grows and regulations evolve, UK investors need reliable tools that support long-term success.

With Recap, you get a purpose-built platform designed for UK tax rules—no US-centric workarounds, no confusing templates, just a clean interface and clear results.

And with coinpass, you get access to a secure, FCA-registered trading platform that supports GBP on-ramps, multiple asset pairs, and instant trade execution with low fees.

Together, we’re giving UK investors and businesses everything they need to manage crypto safely, efficiently, and in full compliance with the law.

If you're a coinpass client, you can connect your account to Recap today and take the first step towards easier crypto tax reporting. It’s quick to set up, free to try, and will save you countless hours at tax time.

👉 Visit Recap’s integration page to learn more and start syncing your account.

Create a free Recap account at recap.io