The UK’s HM Revenue & Customs (HMRC) sent 81,172 tax warning notices to cryptocurrency investors in the 2025-2026 fiscal year, up from 27,714 two years earlier, according to a Techub News item citing Cointelegraph. The increase points to a much tighter review of tax compliance tied to digital asset activity in the UK.
The report says HMRC has continued to refine its tax guidance for crypto assets in recent years. It has also required trading platforms to provide user transaction data so it can identify taxable activity that was not reported. The warning to investors is clear: gains from cryptocurrency trading must be reported for capital gains tax purposes.
The figures add to signs that UK authorities are putting more resources into monitoring crypto-related tax obligations, with compliance checks now reaching a far larger group of investors than they did two years ago.
HM Revenue & Customs (HMRC) sent 81,172 tax warning notices to cryptocurrency investors in the 2025-2026 fiscal year, up from 27,714 two years earlier, according to Techub News, which cited Cointelegraph.
Those numbers show UK regulators are taking a much harder look at tax compliance in the digital asset sector. And HMRC has kept tightening and updating its tax guidance for crypto assets in recent years. It has also required trading platforms to hand over user transaction data, so it can spot taxable activity that was never reported.
HMRC also reminded investors that gains from cryptocurrency trading must be reported for capital gains tax purposes.
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