Kraken outlines an HMRC request covering three prior tax years, with a £5,000 threshold per asset and transaction type. Reporting does not establish tax owed.
HMRC's first cryptoasset gains dataset shows 240 UK taxpayers declared more than £1 million each, while 17,600 people reported £1.38 billion in gains.
HMRC's draft rules would defer UK Capital Gains Tax on qualifying DeFi crypto loans and liquidity pools from April 2027, affecting about 700,000 people.