ChainThink reports that, on August 27, according to HM Revenue & Customs (HMRC) capital gains tax statistics, taxpayers for the 2024 to 2025 tax year must first separately report cryptocurrency asset disposals on their income tax returns.
In that year, 17,600 individuals reported gains from crypto assets, with total disposal proceeds reaching £13.8 billion and realized gains of £1.38 billion.
In terms of gender composition, male taxpayers accounted for 87% of those reporting cryptocurrency asset gains and contributed 93% of the total gains, significantly higher than the 56% proportion of males among all capital gains tax filers.
Highly concentrated income distribution: Taxpayers reporting income over £1 million account for less than 2% of all taxpayers but contribute more than half of all disposal gains and income;
Taxpayers with gains under £25,000 account for 65% and collectively contribute only about 7% to 8% of total disposals and gains.
In terms of age distribution, cryptocurrency income filers are significantly younger: 81% of filers are under 54 years old, with the 25-to-44 age group accounting for 54%—compared to just 17% among all capital gains tax payers.