UK Crypto Tax Data Reveals 240 Millionaires Declared Over Half of All Gains in 2024-25
TLDR
- 17,600 UK individuals reported crypto capital gains in the 2024-25 tax year
- Combined disposal proceeds hit £13.8 billion, with £1.38 billion in reported gains
- 240 taxpayers each declared over £1 million in crypto gains, making up 52% of the total
- 87% of crypto taxpayers were male, 13% female
- New CARF rules will require crypto service providers to report transaction data to HMRC from 2027
UK tax authority HM Revenue and Customs has published its first dedicated breakdown of crypto capital gains reported by UK taxpayers, covering the 2024-25 tax year.
LATEST: 🇬🇧 HM Revenue and Customs revealed 17,600 individuals reported a combined £1.38B in taxable crypto asset gains in 2024–2025, with 240 people each declaring more than £1M. pic.twitter.com/1d30XSGHLn
- CoinMarketCap (@CoinMarketCap) August 28, 2026
The data shows 17,600 individuals reported crypto disposals that fell under Capital Gains Tax rules. Their combined disposal proceeds reached £13.8 billion, generating £1.38 billion in declared gains.
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