TaxSimba — Crypto Swaps and Tax: Why Not Cashing Out Does Not Settle the Question
Preparation worksheet

Optional offline planning aid, not a tax return or filing confirmation.
Keep completed notes securely; never include passwords or one-time codes.

WORK THROUGH THIS EXAMPLE
Keep the time, tokens exchanged, GBP value, fees and acquisition history when swapping one token for another. A wallet showing no withdrawal to a bank does not remove the need to review disposals. Transfers between your own wallets need identifying separately.

DECISION TO RESOLVE
Can the transaction be traced without treating every wallet movement as a new purchase or sale?

YOUR POSITION
Relevant year and source: ____________________
Evidence supporting your answer: ____________________
Missing item and who will obtain it: ____________________
Deadline or next review date: ____________________

1. Export all exchange and wallet histories.
Notes: ______________________________

2. Identify acquisitions, swaps, sales and spending.
Notes: ______________________________

3. Link own-wallet transfers.
Notes: ______________________________

4. Record rewards and other income events separately.
Notes: ______________________________

5. Agree specialist calculation scope before commissioning work.
Notes: ______________________________

Actions agreed and responsible person:
____________________________________

Guide: https://taxsimba.co.uk/blogs/crypto-swaps-tax-without-cashing-out
Check the current guide and official sources before relying on a deadline or process.