Recap.io Reviews

Koinly Reviews

Recap.io mentions (5)

• Best Crytpo Tax software for simple situation

  Hey there, you should check out our app, Recap. We're extremely privacy-focused and use end-to-end encryption to ensure that you are the only person who ever sees your data. You can also switch cost-basis method in settings to see how that affects your tax position. Our plans range from $79-179 per year. Source: about 1 year ago

• Expedient in using tax reporting tools in UK.

  If it's privacy you are looking for I would suggest our app - Recap as an alternative. We're a UK-based crypto tax calculator and end-to-end encrypted. All data is encrypted on your device meaning only you can see it, ever. Source: about 1 year ago

• How do you keep up to date with UK tax law & crypto guidelines?

  Hey there! We're a UK-based crypto tax calculator, we have a tax guide that condenses HMRCs guidance into bitesize chunks (there's a really good section in there about the DeFi guidance) and you can also keep an eye on our blog for the latest news. Source: about 1 year ago

• Capital gains tax to be reduced by over a half next year, than half again next!

  Hey there, check out our tax guide for some information on establishing this. Obviously it depends on your individual circumstances and your activity but HMRC generally expect individuals to be liable for CGT. You could also try our app to see if it gives you a similar figure. Source: about 1 year ago

• Daily General Discussion - November 28, 2022

  Probably best to join the recap.io telegram and ask. Source: over 1 year ago

Koinly mentions (306)

• Tax Question. If i buy $1000 worth of crypto and sell 50% on a double and then let the balance ride. Am i exempt from paying tax on that transaction?

  Every transaction you make with crypto is a taxable event. Even buying something with your bitcoin is a taxable event. So instead of looking at your balance, you have to look at each and every transaction and see how much you paid for the asset, how much you sold it for, and how long you held it. The ATO will also want a report on your crypto transactions, which you can get from koinly.io. That will also... Source: 6 months ago

• 48-nation bloc to crack down on using crypto assets to avoid tax

  Https://koinly.io/ is a popular recommendation here in Denmark. Denmark may have the worst possible taxation for crypto: every time you sell, use or convert your crypto, that's an event where you have to calculate your gains or losses. Gains are taxed like personal income (so up to 53% tax), but losses can only be deducted at 26% they do not offset the gains directly. A school teacher speculating in crypto ended... - Source: Hacker News / 7 months ago

• Questions about defi

  -is it possible to track swaps and trades I'm making in defi via koinly.io or another tax tracking provider? I want to take advantage of long term capital gains vs short term whenever possible. Source: 11 months ago

• I made around 90K profit from a meme coin (crypto)recently and I’m 18 years old and have no idea how to go about taxes. Please help me . Also what could I do with my profits ?

  Every trade where you go from 1 coin to another is a capital gains event. Take a look into https://koinly.io/ to calculate it for you. Source: about 1 year ago

• Staked ETH Rewards on Coinbase

  I just bit the bullet and pay koinly.io to do it for me. The one thing I like about it is you can tag staked transaction (eth to eth2) as swaps so they don't show up on your taxes. It's actually free until you want them to generate a tax form for you. Source: about 1 year ago