#UKReleasesFirstCryptoGainsTaxStats
HMRC has released its first-ever official stats on UK crypto capital gains, and the numbers are eye-opening 🇬🇧👇
• 17,600 investors declared £1.38B in total gains from £13.8B in disposals.
• Whale dominance: Just 240 high earners (>£1M gain each) accounted for over 50% (£717M) of all reported gains!
• Demographics: 87% of reporting traders were male, and over 80% were under age 54.
With HMRC sending thousands of "nudge" letters and full international exchange data-sharing starting via CARF in 2027, crypto tax compliance in the UK is officially moving mainstream.
$LA
$MIRA
$TNSR
#TradeHere☝️🤗
#write2earn🌐💹
#CryptoTax
HMRC has released its first-ever official stats on UK crypto capital gains, and the numbers are eye-opening 🇬🇧👇
• 17,600 investors declared £1.38B in total gains from £13.8B in disposals.
• Whale dominance: Just 240 high earners (>£1M gain each) accounted for over 50% (£717M) of all reported gains!
• Demographics: 87% of reporting traders were male, and over 80% were under age 54.
With HMRC sending thousands of "nudge" letters and full international exchange data-sharing starting via CARF in 2027, crypto tax compliance in the UK is officially moving mainstream.
$LA
$MIRA
$TNSR
#TradeHere☝️🤗
#write2earn🌐💹
#CryptoTax
