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879 HMRC warns millions of crypto users to file tax returns

UK Tech News
Oscar Hornstein @ UK Tech News · 01/10/2024 07:28 EDT

HMRC warns millions of crypto users to file tax returns

The UK tax authority has issued warnings to millions of people holding cryptocurrencies that self-assessment tax returns must be submitted for crypto gains. HM Revenue and Customs warned that income from cryptocurrencies above the tax-free allowance must be declared to avoid paying late filing penalties and interest charged on the amount owed. Research from the ...

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