Report your crypto gains or losses to HMRC through a Self Assessment tax return: Register: Sign up for Self Assessment on the HMRC website if you’re not already registered. Complete: Fill in the Capital Gains Summary pages, reporting all gains or losses, including cryptoassets. Submit: Submi...
“The general public would be quite surprised at the information HMRC has on people,” says Tom Wallace, director of tax investigations at consultancy WTT and a former tax inspector. “In a digital world, assume that most things you’re doing are leaving a digital fingerprint and can find th...