UK Crypto Tax Calculator
Each time you sell, trade or spend crypto you are subject to capital gains tax. The amount of tax you’ll pay depends on the difference in the cryptoasset’s value and your total annual income. You can use our free crypto tax calculator tool below to estimate the tax on one transaction.
The transaction
Acquisition / Buy
Disposal / Sell
Your Section 104 Pool
Capital Gain Calculation
Your details
How much tax is payable?
Disclaimer: This calculator provides estimates for a single transaction and does not account for all possible tax scenarios. Please consult a qualified tax professional for personalised advice.
How our crypto tax calculator works
The calculator tool above demonstrates a simple crypto trade tax calculation. Recap’s crypto tax calculator can provide comprehensive tax analysis for your whole portfolio. Sign up, connect your accounts, verify your transactions, and Recap will automatically calculate your taxes. Once you’re ready to file you can generate and download your PDF crypto tax report or share with your accountant to complete your tax return on your behalf.
Quickly add data from your exchanges and wallets
Automatically generate accurate crypto tax reports with everything you need to file your tax return
Aligned with the latest HMRC guidance so you don’t need to worry about staying up to date with the rules
The only crypto tax calculator that leaves you with full self custody of your financial data
Explore why Recap is the trusted choice for crypto investors and crypto tax professionals
FAQs
- How is cryptocurrency taxed?
In the UK most crypto gains will be subject to Capital Gains Tax, but sometimes Income Tax can apply. Read our UK crypto tax guide to find out more.
- What is capital gains tax?
Capital gains tax is a tax on the profit when you dispose of an asset. In crypto it can apply to selling, trading and gifting a crypto asset or even some DeFi activities. Take a look at our article on capital gains tax for more information.
- When do I need to pay crypto tax?
The HMRC deadline for reporting and paying tax is 31st January, you'll need to be registered for self assessment by 5th October. For help filing a UK tax return, take a look at our blog "How to file your crypto taxes".
- Why do I need a crypto tax calculator?
Although it’s possible to calculate your crypto taxes manually, a crypto tax calculator like Recap saves time, increases accuracy and can also identify opportunities for tax optimisation. Check out our blog "Do you really need a crypto tax calculator" for more of the advantages of tax software.
- Can I reduce how much crypto tax I owe?
With strategic tax planning you can optimise your crypto taxes to reduce the amount of tax due. Consult a tax professional or check out our blog, "can you avoid paying crypto tax" for tax saving ideas.
- How much tax will I pay on crypto gains?
Capital gains from crypto are taxed at 10% (basic rate) or 20% (higher rate), based on your total annual income. Take a look at our UK tax rates article for more detail or use the free calculator tool above to estimate how much tax you might pay on an individual transaction.
- How to calculate capital gains tax in the UK?
To calculate your capital gains you’ll need to total the gains of all taxable disposals within the tax year (as well as deducting any losses). For each disposal, subtract the allowable costs from the disposal proceeds, to work out the gain/loss. Use the tool above to calculate the gain or loss on an individual disposal or use our crypto tax calculator to automate tax calculations for all historical transactions.