The UK’s HMRC has issued a record-breaking 65,000 warning letters to suspected cryptocurrency tax evaders for the 2024–25 fiscal year. This marks a significant increase from last year’s […]
HMRC Tightens Scrutiny on Cryptocurrency Investors
The UK’s HM Revenue and Customs (HMRC) is ramping up its focus on cryptocurrency investors. The agency has doubled the number of warning letters sent to individuals suspected […]
UK Crypto Investors Receive 65,000 Tax Letters from HMRC – Market Reacts to Increased Scrutiny
The UK’s tax authority, HMRC, has sent a significant wave of reminders to crypto investors, with 65,000 letters issued in 2025. This figure marks a staggering 134% increase […]
HMRC Increases Crypto Tax Enforcement Efforts with Nudge Letters to Potential Evaders
The UK tax authority, HM Revenue & Customs (HMRC), has taken a proactive step towards bolstering crypto tax compliance by issuing approximately 65,000 nudge letters to suspected evaders […]
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 […]