Recap, Reviewed: The UK-Built Crypto Tax Tool, Plan by Plan

Every review this desk has run so far has been of a trading venue. This one is not. Recap sells software that reads your transaction history and produces a capital gains and income report for HMRC — and after HMRC’s first published cryptoasset gains figures, the number of UK holders who need one has stopped being a rounding error. Exchanges are collecting tax-identity details from their UK users, and the Self Assessment calendar does not move: an online return is due by the 31 January that follows the end of the tax year, per HMRC’s published deadlines.

The question is not whether the reporting burden is real. It is what the tooling costs and what it withholds.

The three prices, read off the page

Recap publishes a flat plan matrix rather than a quote form. Read from Recap’s pricing page on 6 September 2026: Basic is £119 a year, described as covering “up to 5,000 transactions”. Pro is £219 a year and lifts the transaction cap entirely, adding CSV exports and what the company labels Celsius loss harvesting. Company is £349 a year, and the page states that figure ex VAT — so the cash cost to a business paying standard-rate VAT is materially above the headline. Company adds a balance sheet report, a chargeable gains report, 10-day matching rules and definable accounting year ends.

Those last four mark the top tier as aimed at corporate treasuries rather than ambitious individuals: a definable accounting year end is meaningless to a Self Assessment filer, whose year is fixed for them.

Recap plans at a glance (per recap.io/pricing, 6 September 2026)

Basic	£119/year — up to 5,000 transactions, capital gains and income reports, accountant sharing
Pro	£219/year — everything in Basic, plus unlimited transactions, CSV exports, Celsius loss harvesting
Company	£349/year ex VAT — everything in Pro, plus balance sheet report, chargeable gains report, 10-day matching rules, definable accounting year ends
On every tier	Unlimited integrations, portfolio tracking, historic as well as current-year reports, DeFi, mining and staking coverage, accountant sharing
Terms	Annual billing, 30-day money-back guarantee, cancel any time, no credit card required to start
Regulatory status	Tax software sits outside the FCA perimeter — not authorised, not FSCS-covered, not a substitute for an accountant

What the entry price does and does not buy

The generous part is what Recap declines to ration. Unlimited integrations appear on all three tiers — you are not charged by the exchange, the fee model that punishes anyone who has drifted across four venues in six years. Historic tax reports, not merely the current year, are on Basic too, and so is accountant sharing. If the plan is to hand the whole mess to a practitioner, the £119 tier already lets you.

The mean part is narrower but real. The comparison table shows CSV exports withheld from Basic, and Celsius loss harvesting likewise. CSV export is the line that matters: it is how you get your own workings out of a product and into a spreadsheet or an accountant’s system. Charging £100 a year more for that is a defensible commercial decision and an irritating one.

The other structural point is billing. This is an annual subscription, not a per-tax-year purchase, which suits someone filing every January and suits a one-off catch-up filer much less well.

The claim this desk will not make for it

Recap’s site says “Proudly built in the UK”, and its footer names Recap Technologies Limited at a London address. Accountants quoted on the page call it a UK-based team with a UK-specific focus. That is the company’s own material and the testimonials it chose to publish — positioning, not an audit.

More importantly: no crypto tax tool is regulated, and nothing in the material we could open presents Recap as one. Tax software is outside the FCA’s perimeter — the boundary of what the regulator supervises — so there is no authorisation, no ombudsman and no compensation scheme standing behind the output. A report from any such product is a working paper you are choosing to rely on. HMRC’s counterparty is the taxpayer, and the signature is yours. On a messy history — DeFi positions, wrapped assets, an exchange that failed mid-year — software narrows the work and a qualified adviser finishes it.

The ledger

Pros

Unlimited exchange and wallet integrations on all three tiers, including the £119 entry plan
Historic tax years as well as the current one are included at every price point
Accountant sharing is not paywalled to a professional tier — Basic has it
30-day money-back guarantee and no credit card required to start, so the product can be tested before it is paid for
Pricing is published as a plain matrix with the feature exclusions shown, not hidden behind a sales call

Cons

Billed as a flat annual subscription rather than per tax year, which is poor value for a one-off catch-up filer
CSV exports are withheld from Basic, so getting your own workings out in portable form costs £100 a year more
The Company plan's £349 is quoted ex VAT, so the real cost to a VAT-paying business is above the sticker
The 5,000-transaction cap on Basic is easy to breach with any automated or high-frequency activity
Like all tax software it sits outside the FCA perimeter, with no compensation scheme behind its output, and the liability for the return never leaves the taxpayer

Bottom line

Judged on the only things a public page lets anyone judge — what it charges, what it includes and what it says out loud — Recap does better than most. The prices are stated, the exclusions are shown in the comparison table rather than buried, and the entry tier is not crippled the way entry tiers usually are. The objections are the annual billing shape and the decision to make CSV export a Pro feature.

None of that decides whether you need the tool. That depends on how many transactions you have and how far back the mess runs: buy the report, not the reassurance.

Filed as information, never encouragement: cryptoassets are high-risk, the compensation net does not stretch under them, tax software is not tax advice, and the return you sign remains yours.