Home / Technology / UK Tax Authority Ups Crypto Warning Letters in Crackdown on Unpaid Gains

UK Tax Authority Ups Crypto Warning Letters in Crackdown on Unpaid Gains

HMRC has intensified its crypto tax crackdown, issuing 65,000 warning letters to investors suspected of underreporting gains as 7 million UK adults now hold crypto.

The UK tax authority has ramped up its scrutiny of crypto investors, doubling the number of warning letters sent to those suspected of underreporting or evading taxes on digital asset gains.
HM Revenue & Customs (HMRC) issued nearly 65,000 letters in… [2272 chars]

Source: Cointelegraph | Published: 2025-10-18T07:47:57Z

Credit: Cointelegraph

Tagged:

Leave a Reply

Your email address will not be published. Required fields are marked *