81,000 warning letters sent to crypto holders in HMRC tax crackdown
According to a Freedom of Information (FOI) request the number of letters sent has almost tripled since 2024.
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Notable Quotes
"There is the expectation amongst tax authorities that cryptocurrency investment is rife with tax evasion."
— Neela Chauhan , Academic
"Once HMRC has this data, tax investigations into cryptocurrency investors will be like shooting fish in a barrel."
— Neela Chauhan , Academic
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According to a Freedom of Information (FOI) request the number of letters sent has almost tripled since 2024.
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