by: xpoolPosted on:

HMRC Launches Crypto Tax Blitz: 65,000 Warnings Issued to Investors

The UK tax authority, HMRC, has ramped up its scrutiny of cryptocurrency investments with a significant push for accurate reporting. Over 65,000 warning letters were issued in the 2024-25 tax year, aimed at uncovering undeclared capital gains from trading and DeFi activities.

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