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  1. BLOG
  2. Simplifying crypto tax: Recap partners with Gorilla Accounting

Simplifying crypto tax: Recap partners with Gorilla Accounting

PARTNERSHIP
2 min read
First published: Mon 9 Dec 2024
Last updated: Mon 9 Dec 2024
Recap and Gorilla Accounting logos
Dan Howitt
Written by
Dan Howitt
CEO at Recap

We’re thrilled to announce our new partnership with Gorilla Accounting, a leading accountancy firm known for supporting contractors, freelancers, and businesses. As the world of cryptocurrency grows more complex, so do the tax implications for investors in the UK. Our collaboration aims to make crypto tax compliance effortless by providing a seamless solution for tracking, reporting, and filing taxes.

Why crypto tax compliance is critical

HMRC’s increasing focus on crypto tax compliance means investors must stay on top of their obligations. Accurately reporting crypto activity on the Self Assessment Tax Return can be daunting, especially when managing multiple trades and transactions.

Our partnership with Gorilla Accounting offers a stress-free way to navigate these challenges. Together, we provide automated tracking and comprehensive reporting, giving you peace of mind during tax season.

How Recap simplifies crypto tax

Automated transaction tracking & valuations

Recap’s software integrates with major crypto exchanges and wallets, automatically tracking transactions, applying accurate fair market valuations, and calculating taxes according to HMRC rules.

Clear, comprehensive tax reports

We provide detailed, easy-to-understand tax reports, showing gains, losses, and income. These reports streamline your Self Assessment process, ensuring you meet your tax obligations without hassle.

A complete solution for crypto investors

With Recap automating the record-keeping and Gorilla Accounting offering expert guidance, crypto investors can focus on growing their portfolios without worrying about the complexities of tax compliance.

Crypto tax filing made easy with Recap and Gorilla

Through this partnership, you can approach tax season with confidence:

  • Effortless tracking with Recap: Keep your crypto transactions organised with automated calculations and valuations.
  • Expert tax filing with Gorilla Accounting: Use Recap’s detailed reports to simplify your Self Assessment, ensuring accurate and timely submissions.
  • Peace of mind: Together, we help you stay compliant, so you can focus on your investments.

Get started today!

Whether you’re a crypto beginner or a seasoned investor, our partnership with Gorilla Accounting ensures your tax process is smooth and straightforward. Get started today by creating a free Recap account to track your crypto accounts.

Contents
  • Why crypto tax compliance is critical
  • How Recap simplifies crypto tax
  • Crypto tax filing made easy with Recap and Gorilla
  • Get started today!

About the Author

Dan Howitt
Dan Howitt

CEO at Recap

Daniel Howitt is the CEO and co-founder of Recap, a crypto tax calculation service. He has worked in software development for more than 10 years and has been involved in crypto since 2013 - having seen multiple market cycles.

View profile

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