HMRC Crackdown on Crypto Hodlers: UK Crypto Users Face Strict Tax Guidelines and Penalties

In a significant move, His Majesty’s Revenue and Customs (HMRC), the UK’s tax authority, has issued a stern warning to cryptocurrency users, urging them to declare and pay their taxes on digital assets within a strict timeframe or face potential consequences. This crackdown signals HMRC’s growing focus on the cryptocurrency sector and its determination to...

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