UK Tax Authorities Nearly Triple Crypto Warnings Over Suspected Unpaid Gains

UK Tax Authorities Nearly Triple Crypto Warnings Over Suspected Unpaid Gains

HMRC sent 81,172 warnings to cryptocurrency investors suspected of owing capital gains tax in 2025-26, nearly tripling the prior year amid gains from the recent bull run. The post UK Tax Authorities Nearly Triple Crypto Warnings Over Suspected Unpaid Gains appeared first on The Daily Hodl.

UK crypto investors face HMRC scrutiny over suspected tax evasion

The United Kingdom’s HMRC is stepping up its investigations into cryptocurrency investors over suspected tax evasion, said leading national accountancy group UHY Hacker Young. As per Neela Chauhan, Partner at UHY Hacker Young, that carried out the Freedom of Information (FOI) request to the revenue and customs department, in the last 12 months, HMRC has sent 81,000 warning letters to crypto investors that it suspects may have underpaid taxes up …

UK Sends 81,000 Crypto Tax Warnings as HMRC Targets Unpaid Bull Run Gains

HM Revenue and Customs (HMRC) has significantly increased its scrutiny of UK crypto users during the 2025-2026 financial year. The tax authority reportedly sent more than 81,000 warning letters to holders it suspects may have unpaid tax, the BBC reported after reviewing a freedom of information request. UK Holders on Notice The number is nearly three times higher than the 27,714 letters sent in 2024. HMRC believes a large share of the unpaid tax…