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HMRC to charge 5.1 million vapers £275 a year as new tax introduced next month
HMRC data shows 240 people declared over £1 million in crypto gains last tax year
The UK tax authority's first official statistics on cryptoasset gains show 17,600 people reported taxable disposals in the 2024-25 year, with £1.38 billion in combined gains on £13.8 billion of proceeds. The 240 largest declared £717 million between them.
@HMRCgovuk begins receiving customer data from crypto service providers in 2027 under new international reporting rules. Financial Secretary James Murray said "taxes are due on cryptoasset gains just like any other gains."
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HMRC records record capital gains tax haul after Reeves’ rate rise
HMRC confirms thousands of UK households to get £108.20 payment early
HMRC guidance in the UK on stablecoins is going to remove stablecoin disposals from CGT and they would be treated like money (as they should) and interest-like income would be taxed as savings income from April 2027.
Still a draft but one more less headache to deal with.
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ØRSTED WILL HOLD TALKS WITH HMRC AND THE DANISH TAX AGENCY (DTA) TO RESOLVE THE APPLICATION OF THE OPINION AND ADDRESS OTHER PROJECTS AFFECTED BY SIMILAR TAX DECISIONS.