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Decrypted Tax

  • Freemium
  • Web
Try Decrypted Tax free
  • Free plan available
  • No credit card
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What is Decrypted Tax?

Decrypted Tax handles crypto transactions that standard tax software ignores: DeFi yields, wrapped tokens, NFT sales, staking rewards across 500+ exchanges. It pulls your transaction history automatically. It generates tax reports with cost-basis calculations ready for HMRC. The free tier handles basic reporting. Upgrade to have a tax specialist audit your numbers and prepare formal filings. The catch: it's built for UK tax rules. Non-UK users will likely need customisation, and professional services cost extra. It's for UK investors with complex holdings across DeFi protocols, staking platforms, or multiple exchanges who need audit-ready documentation. Outside the UK or just have straightforward exchange trades? Look elsewhere.

Key features

Multi-exchange integration

connects to 500+ crypto exchanges and DeFi protocols to pull transaction history automatically

DeFi and NFT support

recognises complex transactions including liquidity pools, yield farming, wrapped tokens, and NFT trades

Tax report generation

produces compliance documents with cost basis calculations and capital gains summaries

Professional review option

offers access to tax specialists who can audit your report and prepare formal filings

Free tier availability

basic reporting and calculation without charge; premium features enable professional services

Pros & cons

Advantages

  • Handles crypto-specific transactions that standard tax software ignores, such as DeFi rewards and staking income
  • Reduces manual work by pulling transaction data directly from exchanges rather than requiring CSV uploads
  • Optional professional support available through the same platform, avoiding need to hire separate accountant
  • Free tier lets you test the tool and generate basic reports before paying for professional assistance

Limitations

  • Tax rules for crypto vary significantly by jurisdiction; tool may require customisation for non-UK users
  • Professional preparation services likely involve additional cost on top of the software subscription

Use cases

A UK investor with holdings across Ethereum staking and Uniswap liquidity pools needing to report income and gains to HMRC

Someone who purchased NFTs and made sales, requiring transaction records and cost-basis tracking for capital gains reporting

A crypto trader using multiple exchanges who wants to avoid manually reconciling transactions across platforms

A person receiving staking rewards or yield farming income who needs to declare this as miscellaneous income

An investor preparing for a tax audit and needing audit-ready documentation with clear transaction trails

Ready to try Decrypted Tax?

Try Decrypted Tax free

Pricing

Free

Free

Basic tax report generation, multi-exchange integration, support for common transaction types

Professional Services

Pricing not publicly specified

Tax professional review of your report, formal tax filing preparation, audit-ready documentation, accountant support

Get started with Decrypted Tax

Click through to Decrypted Tax and start using it now.

Try Decrypted Tax free
  • Free plan available
  • No credit card