UK Reveals 240 Crypto Millionaires With £1.38B in Taxable Gains Reported

1 month ago 7

Rommie Analytics

Key Takeaways:

There were over 240 UK taxpayers who declared crypto capital gains of over £1 million in 2024 – 25.
A total of 17,600 people reported £1.38 billion of crypto asset income after £13.8 billion in crypto capital disposals.
From 2027, HMRC will have new international reporting rules in place and be able to see information on crypto customers.

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