Blockpit acquired Accointing and now covers a wide range of European tax jurisdictions. It genuinely supports UK HMRC reporting, but its design priorities are European rather than specifically British. If you are UK-only and looking for a better fit, here is what to consider.
Where Blockpit makes sense for UK investors
Blockpit's strength is multi-jurisdiction European reporting. If you have a UK tax return to file but also hold assets in Germany, Austria, or Switzerland — or if you are an expat moving between European countries — Blockpit handles the combination better than UK-only tools. The UK HMRC rules are implemented correctly and the product is well-built. If your situation is purely UK, however, you are paying for European jurisdiction support that you will never use.
Where Blockpit falls short for UK-only investors
The subscription pricing is on the higher end (approximately £79/year for the standard tier as of writing). The free tier provides only a portfolio overview — you cannot see your taxable gain without a paid plan. UK HMRC matching rules are correctly implemented but are not the central design assumption. UK accountants are less familiar with Blockpit than with Koinly or UK-specific tools, which can complicate the handoff if you involve a professional.
The best Blockpit alternatives for UK investors
Polyconomic
Try freeBuilt exclusively for UK HMRC — every design decision is made with HMRC reporting as the only use case. Free to see your complete taxable gain for all tax years before paying anything. HMRC's matching rules are not a country mode you select; they are the only mode. Standard is £49/year for all tax years. If you have been paying Blockpit's ~£79/year for UK-only use, that is a £30/year saving. Pro at £99/year adds unlimited transactions and accountant sharing.
Best for: UK-only investors who want HMRC-correct figures at a lower price point than Blockpit.
Koinly
More UK users than Blockpit and better exchange integration with UK-based platforms. Subscription-based at approximately £49/year — lower than Blockpit's standard tier. Well-regarded by UK accountants. Better DeFi support than Polyconomic. The sensible choice if you want broader exchange coverage and are comfortable with a subscription model.
CryptoTaxCalculator
Better DeFi transaction detection than Blockpit. If your reason for leaving is that Blockpit struggled with on-chain transaction categorisation, CTC is the natural alternative. Subscription-based at a price point similar to Koinly. UK HMRC is well-supported. More widely used for DeFi-heavy portfolios than Blockpit.
CoinTracker
Established tool with good portfolio tracking. Better suited to investors with a significant Coinbase portfolio. US-first in design but with solid UK support. Lower transaction count on the free tier (25) is a limitation. Worth considering if you are primarily a Coinbase user and find Blockpit's UI less intuitive.
Quick comparison: top 3 options
| Feature | Blockpit | Polyconomic |
|---|---|---|
| Primary market | Europe (Austria/Germany) | UK-only |
| Free to see full gain | No — subscription required | Yes — all years, no cap |
| Report pricing | ~£79/yr subscription | £49/yr Standard · £99/yr Pro |
| HMRC matching rules | ✓ Supported | ✓ Applied by default |
| Multi-jurisdiction | Excellent | UK-only |
| Accountant access | Paid add-on | Included |
Frequently asked questions
Did Blockpit replace Accointing? Are they the same product?
Blockpit acquired Accointing in 2023. The Accointing product was migrated into Blockpit's platform. If you were an Accointing user, your data should have been transferred to Blockpit. The two are now the same company and product.
Is Blockpit's UK HMRC implementation reliable?
Blockpit implements the three UK matching rules (same-day, 30-day, Section 104) and is used by UK investors for HMRC filings. The implementation is generally considered reliable for standard portfolios. As with any tool, edge cases — particularly complex DeFi — are worth verifying independently.
I have European holdings alongside UK — should I stay with Blockpit?
If you have genuine European tax obligations (Austrian, German, French, etc.) alongside UK HMRC, Blockpit's multi-jurisdiction support is a real advantage that other tools in this comparison do not offer. Staying with Blockpit or using it alongside a UK-specific tool may be the pragmatic choice.
How does Blockpit pricing compare to the alternatives?
Blockpit's standard individual tier is typically around £79/year. Koinly is approximately £49/year. CryptoTaxCalculator is similar to Koinly. Polyconomic Standard is £49/year (free to view the gain, pay only when you need the report). Polyconomic Pro is £99/year for unlimited transactions. For UK-only use, Polyconomic is competitively priced and always free to check your gain before committing.
Can I export my Blockpit data and move to another tool?
Blockpit allows export of your transaction history as a CSV. Re-importing to another tool is straightforward for exchange-based transactions. As always, it is better to re-import from the original exchange CSVs to avoid carrying over any categorisation decisions made in Blockpit.
Do UK accountants recognise Blockpit reports?
Blockpit produces a downloadable PDF report that an accountant can use to prepare your SA108. However, Blockpit is less familiar to most UK crypto tax specialists than Koinly, Polyconomic, or CTC. If you involve a professional, it is worth checking whether they are comfortable working with Blockpit output or prefer a specific format.
Tool information accurate at time of writing.