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UK HMRC Sends 81,000 Crypto Tax Warning Letters in 12 Months, Up 25%
According to ChainCatcher, the UK's Her Majesty's Revenue and Customs (HMRC) issued 81,000 warning letters to crypto investors suspected of tax evasion over the past 12 months, up 25% from approximately 65,000 in the prior year. The letters aim to prompt recipients to disclose unpaid taxes before HMRC launches formal investigations. New rules scheduled for April 2027 will apply no-gain, no-loss treatment to qualifying crypto lending and automated market-maker arrangements until an economic dispo
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