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HMRC data shows 240 people reported more than £1 million ($1.36 million) each in crypto gains as UK tax scrutiny intensifies.
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HMRC data shows 240 people reported more than £1 million ($1.36 million) each in crypto gains as UK tax scrutiny intensifies.
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HM Revenue and Customs has recorded 240 UK taxpayers with more than £1 million ($1.36 million) each in crypto capital gains during the 2024-25 tax year, as the agency prepares to receive more investor data from exchanges under international reporting…
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HMRC's first breakdown shows 17,600 people declared £1.38 billion, most of them under 55 and 87% of them men.
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240 Crypto Millionaires Booked Over Half of Britain's Taxable Crypto Gains