Why your exchange’s capital gains figures aren’t enough
Capital Gains Tax isn’t calculated exchange by exchange. HMRC expects you to work out gains and losses across your entire crypto portfolio.
That means combining transactions from every exchange, wallet and blockchain before applying the relevant tax rules.
Moreover, every transaction affects your acquisition cost: wallet transfers, token swaps, staking rewards and previous disposals all influence your final gain or loss. That’s why spreadsheets and simple calculators so often produce incorrect results.

Your profit isn't necessarily your capital gain
Imagine you bought crypto for £7,000 and later disposed of it for £10,000.
£10,000 is simply your disposal proceeds. It’s not the same as your £3,000 straightforward gain, and neither of those numbers necessarily tells you how much Capital Gains Tax you’ll actually owe.
Your acquisition costs, previous transactions, gains and losses, available annual exempt amount and wider tax position can all affect the final result.
Sale value. Capital gain. Tax due. Three different numbers.

From thousands of transactions to one clear capital gains figure
Finbooks rebuilds your complete crypto history and categorises every single transaction under HMRC rules – from wallet transfers and disposals to token swaps and staking rewards.
This ensures accurate capital gains and loss calculations, ready to be reported in your Self Assessment.

Import data from anywhere
Sync transactions via API or CSV from banks, brokers, trading accounts, exchanges and wallets to get a complete view of your portfolio and all tax reports.

From your investment history to accurate calculations
- 1
Connect your accounts
Import your exchanges, wallets and public addresses through supported integrations, APIs or CSV files.
- 2
Reconstruct your history
Finbooks matches transactions, identifies wallet transfers and rebuilds acquisition costs across your complete crypto history.
- 3
Let Finbooks calculate your gains
HMRC rules are applied automatically to calculate your realised capital gains and losses.
- 4
Generate your tax-ready reports
When it's time to file, generate HMRC-ready reports together with the supporting calculations behind every figure.

