Our Crypto Records Health Check is designed to help UK crypto investors understand how reliable their crypto records really are.
Many investors assume that once they've connected their exchanges and wallets to crypto tax software, their records are complete. In reality, imported data often needs reviewing. Transactions can be misclassified, historical data may be incomplete, and some activity may not be imported as expected, all of which can affect the accuracy of your tax calculations.
This assessment gives you a structured way to review the health of your records. It highlights common warning signs that could indicate missing or inaccurate data before you rely on your tax reports.
It is not a tax calculation tool. Instead, it focuses on the quality, completeness and reliability of the records those calculations depend on.
This assessment is aimed at UK crypto investors who prepare their own records using crypto tax software or want greater confidence that their records are accurate.
You may find it particularly useful if you:
Our Crypto Records Health Check focuses on the issues we most commonly encounter when reviewing clients' crypto records that impact the accuracy and completeness of their records.
Each question is based on practical issues that regularly affect crypto investors, rather than technical edge cases.
Accurate crypto tax calculations depend on accurate records. Even small gaps in your transaction history can lead to inaccurate calculation of taxable gains and missed reporting obligations.
These issues are often much easier to resolve when they're identified early. Left for several years, they can become significantly more difficult to untangle as your crypto activity grows.
The Crypto Records Health Check is designed to help you identify potential issues before they become bigger problems, giving you greater confidence in the records your tax reporting relies on.