Her Majesty’s Revenue and Customs has published its inaugural dataset on taxable gains from cryptoassets, revealing details on 240 individuals with significant cryptocurrency holdings. This marks the first time HMRC has disclosed official statistics specifically tracking cryptoasset tax compliance among high-value holders. The release provides insights into how the tax authority is monitoring and collecting data on digital asset transactions subject to UK capital gains tax.
Source: HMRC (GOV.UK) – Read the original