Team Summ

We're excited to announce a partnership with XPlace, Solana's first true crypto credit card.

New Zealand has no capital gains tax, but the IRD taxes most crypto profits as income. Here is how the trading stock vs investment question works.

How to calculate crypto income in New Zealand: choosing FIFO or weighted average cost, converting to NZD, and the records the IRD expects you to keep.

How NZ's IRD taxes staking rewards: solo validators, delegated staking, liquid staking tokens, and what changes with CARF reporting from 1 April 2026.

How NZ's voluntary disclosure regime works for crypto: pre-notification vs post-notification penalty reductions, how to scope a disclosure, why CARF makes it urgent.

Swyftx reveals how Kiwi traders moved in 2026, from BTC profit-taking to SUI accumulation. See what it means for your IRD tax return under CARF.

When lost or stolen crypto is deductible in New Zealand, how much you can claim, the evidence the IRD expects, and how to handle recoveries and insurance.

A step-by-step guide to filing crypto on the IR3 in New Zealand: where each figure goes, key deadlines, and how to avoid the most common mistakes.

How NZ's IRD treats DeFi: lending, LP positions, yield, wrapping, bridging, and liquid staking — aligned with IRRUIP18, the IRD's January 2026 issues paper.

From 1 April 2026, the IRD gets full CARF visibility into NZ crypto exchanges. What CARF reports, key dates, and how to prepare your records before reporting begins.

New Zealand's Inland Revenue Department has identified 355,000 unique crypto users across 57 million transactions, and from 1 April 2026, a new international reporting framework has closed the data gap that previously made enforcement difficult.

Most crypto neobanks are custodied fintech in disguise. Here's what a real Bitcoin onchain neobank looks like, and why the difference matters to your tax position.

Summ adds support for Kalshi, MegaETH, CoinRabbit, and WhiteBIT. Import your trades via API or CSV and automatically calculate your crypto tax gains and losses across the platforms.

The Buy, Borrow, Die approach has long been used in traditional finance to preserve wealth, optimize taxes, and maintain exposure to appreciating assets.

Summ now supports Polymarket and Monad. Import your betting and transaction data via wallet address or CSV for complete tax reporting.

We’re proud to announce our new partnership with CoinRabbit, a crypto asset management platform with loan, earn, trade and save services.

Lock Periods lets you freeze past tax years while safely optimizing current ones. Lock historical data, experiment with accounting methods, and improve tax outcomes without risking previously filed reports.

Summ now supports Aster DEX and the Sei network, letting you import perp, spot, and on-chain transactions via API, wallet address, or CSV to simplify crypto tax reporting and reduce manual tracking.

Our new spam center gives you control over any crypto spam currencies that slip through automated detection. Mark entire currencies as spam in one click, manage all spam controls centrally, and maintain clean transaction data for precise reports.

We're proud to announce our exciting partnership with Bybit, delivering a crypto tax solution tailored to Bybit’s global community of users.

Swapping one crypto for another is a taxable event, and you will need to work out the USD value of your capital gain or loss to report on your taxes.

New Zealand's Inland Revenue Department has dramatically expanded its crypto enforcement activity, and small-time traders are no longer safe from scrutiny.