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81,000 warning letters sent to crypto holders in HMRC tax crackdown

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.

August 19, 2026 at 04:14 PM Original source
1 agencies covered this story

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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

All Coverage

81,000 warning letters sent to crypto holders in HMRC tax crackdown
BBC Newsvia rss 2 quotes 1 person

According to a Freedom of Information (FOI) request the number of letters sent has almost tripled since 2024.

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