WELCOME I TAX GUIDE I STEP-1 I STEP-2 I STEP-3 I ASK BITTY I ASSIST
Creating Your Crypto Tax Reports
Hey! Stuart again. We've officially made it to the final mile, and I want to congratulate you for getting this far. Sorting through blockchain ledgers can feel like a heavy burden, but you've put in the work, and the finish line is right in front of us. If you've been feeling stressed about submitting numbers to HMRC, take comfort in knowing that you are using the precise framework designed to protect you. As problem solvers, our team has built this workflow specifically to take the fear out of compliance. By utilizing the structured capabilities of our Basic HMRC Filing Package, we are going to wrap up your report accurately, seamlessly, and securely.
Step 3 is the culmination of our entire workflow. This is where your cleaned, reconciled transaction history gets transformed into clear, legally compliant tax schedules for the current 2025/2026 tax year. Driven by the robust financial intelligence inside the BitTax Kryptos Package, the system compiles your absolute final tax positions. In this guide, we will walk through the three final steps: reviewing your comprehensive tax summary, choosing the exact statutory output forms required by HMRC, and securely exporting your files. Let's get this done.
1. Review the Tax Summary
Before hitting the export button, your absolute first priority is to run your eyes over the comprehensive dashboard tax summary. Think of this as the ultimate pre-flight checklist. The BitTax Kryptos Package gives you a completely transparent bird's-eye view of your net capital gains, total allowable losses, and miscellaneous crypto income streams for the 2025/2026 period.
Look closely at the aggregates. Make sure your total proceeds match your general expectations of your trading volume. Check that your final capital gains are utilizing the exact statutory £3,000 tax-free allowance for the current year. If anything looks artificially high or remarkably low, it's an immediate signal to double-check that you didn't leave a wallet unlinked or a staking tag missing in Step 2. Reviewing the summary ensures that what you see is exactly what HMRC gets—100% accurate, defensible data.
2. Choose the Right Forms and Output
HMRC doesn't just want a random spreadsheet of your trades; they require your numbers to be mapped into highly specific, rigid legal tax forms. Depending on how you file your annual UK taxes, you need to select the appropriate output method that seamlessly integrates with your tax return.
If you file using the standard HMRC online portal, our system prepares a direct breakdown that matches the exact boxes on the Capital Gains Summary (SA108) and the Self Assessment main return (SA100) for regular income. If you or your accountant use specialized commercial filing software, you can choose the format required by those specific tools. The Basic HMRC Filing Package is built to accommodate these distinct reporting requirements, matching the 18% basic rate and 24% higher rate capital gains brackets perfectly so there is zero translation friction when entering your data.
3. Export Final Reports
Once you're entirely satisfied with the layout and alignment, it's time to generate and download your formal documentation. Clicking export triggers the compilation of your audit-ready, itemized reports, secured tightly to protect your sensitive financial details.
You will download a full HMRC-compliant PDF report alongside a comprehensive CSV file detailing every single asset disposal, acquisition date, and pooling calculation under the strict UK share matching rules. Keep these documents safe in your personal files. HMRC mandates that you retain detailed crypto records for at least a few years after your filing deadline. Having this clean, unalterable trail means if the tax authority ever comes knocking with questions, you can instantly hand over an unassailable record generated by the BitTax Kryptos Package.
Our Most Asked Questions 25/26
Q1. What exact HMRC forms do I need to submit for my crypto transactions in the 2025/2026 tax year?
You will primarily need the SA108 form to report your Capital Gains and capital losses. If you have earned miscellaneous income through crypto (such as staking or mining), this must be declared on the main SA100 Self Assessment form under the relevant income sections.
Q2. Can I download a report that my regular UK accountant can easily understand?
Absolutely. When you use the BitTax Kryptos Package, it exports a fully structured, professional tax summary PDF that outlines your pooling, acquisition costs, and disposals in standard UK accounting formats. Your accountant will be able to transfer these numbers straight into their filing software without any manual recalculations.
Q3. What happens to my crypto tax report if my total capital gains are below the £3,000 threshold?
Even if your net gains fall under the current 2025/2026 tax-free allowance of £3,000, you are still highly advised to download and keep your final reports. Furthermore, if your total asset disposals (the aggregate sales value) exceed four times the allowance (£12,000), HMRC mandates that you must still report the transactions on your Self Assessment return, even if no tax is due.
Q4. Does the final report separate my regular capital gains from my staking income?
Yes, completely. The platform separates these automatically because they are taxed under entirely different frameworks. Your capital gains are processed against the 18%/24% CGT rates, while your staking and airdrop rewards are itemized separately as income, allowing you to easily report them in their respective boxes on your tax return.
Q5. What format will my final downloadable reports be in?
Your final export consists of a comprehensive, audit-ready PDF tax report that outlines your statutory totals and a granular CSV file that breaks down every single transaction, asset pool, and disposal sequence for your long-term record-keeping.
Q6. How long does HMRC require me to keep these downloaded crypto tax reports?
In the UK, you must keep reliable records of your crypto transactions for at least one year after the Self Assessment filing deadline if you file on time. However, if you are running a business or filing as a sole trader, HMRC legally requires you to retain these records for at least 5 years after the deadline.
Q7. Can I offset crypto trading losses against my regular employment income in the final report?
No, you cannot. Capital losses incurred from crypto trading can only be used to offset capital gains (either from crypto or other assets like shares or property). They cannot be used to reduce your regular Income Tax liability from employment or salary.
Q8. If I find a mistake after downloading my report, can I go back and re-export it?
Yes, you have full flexibility. If you realize you missed a transaction or forgot to tag a staking reward in Step 2, you can easily correct the entry inside your dashboard. The BitTax Kryptos Package will instantly recalculate your totals, allowing you to generate and download an updated, correct version of your 2025/2026 report.
Q9. How does the Basic HMRC Filing Package make entering data into the HMRC portal easier?
The Basic HMRC Filing Package generates a highly specialized summary page that directly mirrors the layout of the official HMRC online tax portal. It tells you exactly which figure goes into which box, completely eliminating the guesswork and saving you hours of frustration.
Q10. What should I do with my report if I am late making my disclosure to HMRC?
If you are submitting a late or voluntary disclosure for previous years or navigating the current cycle late, you should generate your report immediately. Under official GOV.UK guidance, once you declare your unpaid balances and receive your reference number, you must settle the tax due within 30 days, making an accurate final report absolutely vital to prevent penalties.