--- title: "Revolut" description: "The easiest way to calculate your Revolut crypto taxes with Recap. Import your account statements in seconds." --- # Revolut Crypto Tax Calculator The easiest way to calculate your Revolut crypto taxes with Recap. Import your account statements in seconds. Recap has a comprehensive integration with [Revolut](https://www.revolut.com/) that makes it easy to manage your **crypto tax calculations**. Upload your Revolut crypto statement to Recap to import your full history and **automate your taxes**. From 2026, tax authorities are widening the automatic reporting of crypto under frameworks such as the OECD's Cryptoasset Reporting Framework (CARF), so keeping an accurate record matters more than ever. > **Disclaimer** > > The information provided in this content does not endorse Revolut. Furthermore, it does not constitute tax advice. If anything financial or tax-related is unclear, speak to a qualified tax professional. You can also share your Recap account with your accountant or tax adviser directly. ## Why Revolut tax can be difficult to calculate manually Revolut makes buying and selling crypto feel as simple as spending in the app, and that ease is exactly what makes the tax side easy to underestimate. A few things tend to trip people up: ### What trips people up - **Every sale is a disposal.** Selling crypto back to your Revolut balance, or spending it, is a disposal that crystallises a gain or loss, even though it feels like an ordinary in-app action. - **Small, frequent trades add up.** Buying and selling in small amounts over time builds a long list of disposals, each measured against a cost-basis pool built from your whole history. - **Crypto-to-crypto still counts.** Switching directly from one coin to another is a disposal even though no ordinary money moves, and it is easy to treat as a simple swap. - **Statements need reading carefully.** Your crypto activity is mixed in with everyday spending and transfers, so the transactions that matter for tax have to be separated out. ## How to import your Revolut data into Recap Revolut imports into Recap by file upload. Export your crypto statement from the Revolut app and upload it to Recap, and we bring in your full history automatically, including buys, sells and transfers. Recap classifies and values each entry with our fair-market valuation engine and applies the tax rules for your jurisdiction, so your everyday crypto activity resolves into a clear set of gains and losses. ## How are Revolut transactions taxed? Tax treatment depends on the transaction type and where you are tax resident. Here is how the main Revolut activities are generally treated: This table shows Recap's default classification for common Revolut transactions. It is not an exhaustive schedule or a ruling. Treatment depends on your circumstances and jurisdiction, and you can recategorise any transaction where yours differ. Confirm your position with a qualified tax adviser. Selling crypto for fiat and switching one coin for another are disposals for capital gains purposes, each measured against your cost-basis pool, and a coin-for-coin switch is also an acquisition of the coin you receive. Buying crypto with fiat is not itself a disposal but sets the cost your later disposals are measured against, and transfers between your own accounts are not disposals. Refer to our [tax guides](https://recap.io/guides/crypto-tax-uk-a-comprehensive-guide) for a more detailed look at crypto tax rules. ## What's in your Revolut tax report Recap turns your full Revolut crypto history into a single tax report: capital gains and losses worked out under the rules for your jurisdiction, small and frequent trades pooled correctly, crypto-to-crypto trades treated as the disposals they are, and a clear year-by-year summary you can file yourself or hand straight to your accountant. ## Common Revolut tax challenges and how Recap solves them Revolut accounts produce a few recurring tax problems. Here is how Recap handles each one: ### How Recap handles each one - **Frequent small trades.** Lots of little buys and sells are slow to reconstruct by hand. Recap imports the whole history and calculates the gain or loss on every disposal automatically. - **Crypto-to-crypto trades.** Switching one coin for another is a disposal, not a simple swap. Recap treats each one correctly so nothing is missed. - **Separating crypto from spending.** Crypto sits alongside everyday transactions. Recap picks out what matters for tax and leaves the rest. - **A long history.** Activity can stretch back years across several coins. Recap combines it into a single cost-basis position so every disposal is right. ## Why Revolut users choose Recap Revolut users often choose Recap because in-app crypto is designed to feel effortless, which makes it easy to lose track of how many disposals have built up. Rather than reading a mixed statement line by line, you can upload it and see your gains and losses reconciled in one report, ready to file or share with your accountant. Whether Revolut shares account data with HMRC is a separate question, and we answer it in [does Revolut report to HMRC](https://recap.io/blog/does-revolut-report-to-hmrc). ## FAQs ### Is Revolut crypto taxable? In most jurisdictions, yes. Selling crypto or switching one coin for another is typically a disposal taxed as a capital gain. The exact rules depend on where you are tax resident, and Recap classifies and values your transactions so you can see what applies. ### How do I import Revolut into Recap? You export your crypto statement from the Revolut app and upload it to Recap, which then imports your full history and classifies and values every buy, sell and transfer for you. ### Do I owe tax if I only sold crypto inside Revolut? Possibly. Selling crypto back to your balance is still a disposal, so a gain or loss can arise even if you never withdrew any money. Recap works out the gain or loss on each sale so you can see your position. ### Are crypto-to-crypto trades on Revolut taxable? Usually yes. Switching directly from one coin to another is a disposal of the first for capital gains purposes, even though no ordinary money moves. Recap treats each one as a disposal so your gains and losses are captured. ### Does Recap separate my crypto from my everyday Revolut spending? Yes. Recap reads your crypto statement and focuses on the transactions that matter for tax, so your crypto activity is reconciled without your everyday spending getting in the way. --- Canonical HTML: https://recap.io/integrations/revolut Site map: https://recap.io/sitemap.xml ยท AI manifest: https://recap.io/llms.txt Any page listed above is available as Markdown by appending `.md`, or by sending `Accept: text/markdown`.