UK Crypto Investors Declare £1.38B in Gains, Dominated by 240 Individuals
UK crypto investors reported a total of £1.38 billion in gains, with half attributed to just 240 individuals who declared over £1 million each. This data comes as HM Revenue and Customs prepares to receive more comprehensive reporting from crypto exchanges starting in 2027.
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UK crypto investors declared £1.38B in gains, but half came from just 240 people
Its first crypto gains table covers 17,600 taxpayers, while CARF data will begin reaching the agency in 2027. The post UK crypto investors declared £1.38B in gains, but half came from just 240 people appeared first on CryptoSlate .
UK crypto gains hit £1.38B as 240 investors report over £1M each
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…