BSCN(@BSCNews):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."

2026.08.27 18:52

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."