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Latest annual UK tax data shows 240 people reported more than £1 million in crypto capital gains
HMRC data shows 240 people reported more than £1 million ($1.36 million) each in crypto gains as UK tax scrutiny intensifies.
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independent.co.uk
Government collects record capital gains tax as 181,000 more pay up
Capital gains tax receipts totalled £24.2 billion in the 2024-25 tax year, an 89% increase on the year before, HMRC said.
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coindesk.com
HMRC reports 240 UK individuals scored massive crypto profits in 2024-25
Taxpayers declared $18.75 billion in total crypto disposals, yielding an average profit of $106,000 per person across 17,600 individual tax filers.
