There are multiple ways to file your tax report

File yourself
File with your own accountant/CPA

Step 1

Download your full tax report

After importing all your data into ACCOINTING.com we will automatically generate a full tax report for your crypto trading history to include in your tax return.

Download the PDF file here.

Tax report files for UK
Full tax report

Step 2

Understand your tax report

The full tax report gives you an overview of all your investments, taxable and non taxable gains, income and margin trading.

You will find an overview of:
1. Disposal proceeds
2. Allowable costs
3. Gains and losses
4. Income from airdrops, staking and more
5. Margin trading
6. Other costs

Every trade that is crypto to fiat or crypto to crypto creates disposal. This disposal is either a taxable or non taxable event depending on the classification. For the UK, ACCOINTING.com uses pooling to calculate the correct gains and losses for all your investments.

Step 3

Enter your personal data and crypto tradings in your tax return

Download the capital gains summary and enter the information from your ACCOINTING.com tax report in the following fields:

- Field #14: Number of Disposals

- Field #15: Disposal proceeds

- Field #16: Allowable costs

- Field #17: Gains in the year before losses

- Field #19: Losses in the year

- Field #21: Net capital gains/losses

You will also find a summary of all the different incoming transactions per asset and classifications in your ACCOINTING.com report. We have detailed instructions for every classification in our UK Tax Guide.

Anyone who has capital gains or losses during the tax year doesn't need to file their taxes if their profits are less than the annual CGT allowance (£12,000 in 2019).

Step 4

Complete your tax return

Now that you have entered all of your cryptocurrency gains, losses, and income in your reporting files, you can complete your returns.

If you want to use a tax tool to complete your tax return, you can read about different integrations here or send the files to your CPA. If you need help finding a new CPA, you’ll find a list here.

Complete report

FAQs

How many crypto tax reports can I generate with ACCOINTING.com?
You can print an unlimited amount of tax reports for any year that you want. Your 365-day license allows you to generate as many tax reports as you want for all years.
Does the UK government or HMRC accept this report?
ACCOINTING.com generates a report that provides all the relevant information for you to file your Capital Gains and Income Report according to HMRC's directions. For more information on how to file your tax report in the UK, please click here.
Can I upgrade my plan later if I exceed my taxable transactions?
Yes! We will only charge you for the difference in the upgrade package.
Can I use ACCOINTING.com for free?
Yes! You can use ACCOINTING.com absolutely for free and generate a report with 25 taxable transactions. What are taxable transactions? Click here for more information.
What is a "taxable transaction" according to ACCOINTING.com?
A taxable transaction is any transaction that generates a taxable event according to the UK's tax regulations and guidelines. For more information, click here.
How can I use these reports in the UK?
You can use these reports for several purposes. Here are some examples: taxation, proof of ownership, foreign bank account reporting (FBAR), personal audits, and anything in regards to the bookkeeping of your crypto's personal finance.