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UK Tax

Crypto Tax Sucks: A New 4-Part AMA Podcast from Recap

Recap is launching a new four part podcast in the lead up to UK tax season

Dan Howitt

Fri Nov 18 2022

A New Podcast From Recap

Today I’m excited to announce I’ll be hosting a new Recap podcast with special guests from across the crypto industry.

We get lots of questions about the Recap app, crypto tax and all things crypto and wanted a way for our users to get direct answers and hear from our panel of experts.

We’re kicking off with a four-part series “Crypto Tax Sucks” in the lead-up to UK tax season, each episode will include time to answer and unpack your questions.

Episode 1: An Introduction to UK Crypto Tax AMA

I’ll be joined by industry expert Jeff Hancock from Coinpass and crypto tax specialist Louise Lane of Wright Vigar Accountants. We chat through the basics of crypto taxes, and discuss the Recap App, how it started and where it’s going. We’ll take a look at the types of tax you need to be aware of and what to look out for as an investor when optimising your taxes.

We’ll also explore some of the recent market movements including the fallout from LUNA, Celsius, FTX and BlockFi. Find out how beneficial ownership of assets works, what users can do to protect themselves and what happens next from a tax perspective?

Episode 2: DeFi Taxes AMA

In this episode our panel is made up of industry specialists with a really in-depth understanding of regulation. We will explore the current state of play for DeFi, DEXs, asset disposals and beneficial ownership changes.

We’ll discuss HMRCs recent call for evidence; what might change and what this means for the industry as well as what we’d like to see from HMRC in the coming months. How will the recent events on centralised exchanges affect the usage of DEXs and do they offer an alternative approach to investors concerned about transparency? We’ll also answer all of your pre-sent questions!

Episode 3: NFT Taxes AMA

For episode three we’ll dive into NFT taxes and chat about how the NTF space has evolved in the last 12 months. We’ll be joined by NFT industry experts to look at NFTs for artists, creators and minters, how tax rules apply, whether VAT should be charged and how to make sense of all the rules and regulations no matter what your involvement.

Episode 4: Keeping Crypto Compliant

In our final episode, we’ll explore tax filing, the upcoming CARF framework and what it means, and take a look at crypto record keeping and why it’s so important.

We’ll also discuss HMRCs perspective on crypto tax, nudge letters, compliance checks and what you can do to keep your crypto taxes hassle-free. This episode will be your last chance to ask our experts your crypto tax questions before UK tax filing deadlines.

When, where and how to get involved?

We’ll release an episode every two weeks, these will be available to watch right here on the blog and we’ll also notify Recap users via email as they drop.

We’d love to answer your questions so please use the link below to send them in…