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The new rules apply to individuals, businesses and trustees in the UK who hold the assets, and the providers of exchange and ...
HM Revenue and Customs will look to identify those who have not been correctly paying tax on their cryptocurrency profits.
Those who don’t comply risk a £300 fine from HMRC. Once data is received from service providers, HMRC will be able to ...
Once data is received from service providers, HMRC will be able to identify those who haven’t been correctly paying tax on ...
The measures are part of a major drive by HMRC to tackle tax evading and make sure everyone pays their fair share ...
Nationwide, Barclays and NatWest customers handed £185 to switch with rival bank Get breaking news on BirminghamLive WhatsApp ...
The IRS is ramping up crypto tax enforcement, sending warning letters to US investors over suspected discrepancies.
Non-compliance could lead to a £300 fine ... "I urge all cryptoasset users to check the details you will ... They can also inform HMRC about unpaid tax on crypto using the cryptoasset ...
Cryptocurrency holders are being warned by HM Revenue and Customs (HMRC) that new reporting requirements will help to unmask those trying to evade tax due on their profits. From January 2026, people ...