According to ME News, on July 23 (UTC+8), after three years of cracking down on cryptocurrency tax evasion, HM Revenue & Customs (HMRC) recovered over £8 million in taxes through settlements with hundreds of cryptocurrency investors. Data obtained via a freedom of information request shows that over the past two years, 502 cryptocurrency investors reached disclosure and settlement agreements with UK tax authorities regarding unpaid taxes. In the 2024/25 tax year, 280 individuals reached settlements with HMRC, paying a total of £3.5 million. In the 2025/26 tax year, the number of settlements decreased to 222, but the total amount increased to approximately £4.8 million. (Source: Foresight News)
UK HMRC Recovers Over £8 Million in Crypto Tax Payments Over Three Years
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UK crypto news: Over the past three years, HMRC has recovered more than £8 million in unpaid crypto taxes from 502 investors. In the 2024/25 tax year, 280 investors settled for £3.5 million. In the 2025/26 tax year, 222 investors paid £4.8 million. The data was obtained through freedom of information requests. Crypto today shows regulators are actively targeting tax evasion in the digital asset space.
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