HMRC: 17,600 UK Taxpayers Declare £1.38B in Crypto Gains

HMRC's first official statistics on taxable cryptoasset gains show that 17,600 individuals made Capital Gains Tax-liable cryptoasset disposals in the 2024 to 2025 tax year, reporting £1.38 billion in taxable gains. The inaugural dataset, published on 27 August 2026, also shows that 240 people reporting more than £1 million in gains accounted for £717 million of that total.

The figures provide an official view of the cryptoasset gains reported through the tax system for the first time. A server-generated data table follows this introduction.

Data Snapshot

MetricCurrentPreviousChangePeriodAs ofSourceIndividuals making Capital Gains Tax-liable disposals of cryptoassets17,600 individuals——2024 to 2025 tax year27 August 2026HM Revenue & CustomsTotal taxable capital gains from cryptoassets£1.38 billion——2024 to 2025 tax year27 August 2026HM Revenue & CustomsTotal cryptoasset disposal proceeds£13.8 billion——2024 to 2025 tax year27 August 2026HM Revenue & CustomsPeople reporting more than £1 million in cryptoasset capital gains240 people——2024 to 2025 tax year27 August 2026HM Revenue & CustomsCryptoasset gains reported by people with more than £1 million in gains£717 million——2024 to 2025 tax year27 August 2026HM Revenue & CustomsIndividuals reporting cryptoasset gains by sexaround 87% male; around 13% female——2024 to 2025 tax year27 August 2026HM Revenue & Customs

£13.8 billion of cryptoasset disposals produced £1.38 billion in taxable gains

HMRC’s 2024 to 2025 figures show £13.8 billion in disposal proceeds and £1.38 billion in taxable capital gains from cryptoasset disposals liable to Capital Gains Tax.

The amounts measure different things: proceeds are the value reported from disposals, whereas taxable gains are the capital-gains total. The figures cover only individuals making disposals liable to Capital Gains Tax—not all cryptoasset holders or transactions—and HMRC said they are rounded and may not sum.

HMRC graphic accompanying its first official statistics on taxable cryptoasset gains. — Source:

240 taxpayers reported £717 million in gains above £1 million

The highest-gain cohort was relatively small. HMRC recorded 240 people with more than £1 million in cryptoasset capital gains, and that group reported £717 million in gains in 2024 to 2025.

The department also reported a marked sex split among individuals declaring cryptoasset gains: around 87% were male and around 13% were female. HMRC said those figures are rounded.

Dedicated Self Assessment reporting precedes 2027 provider data

The statistics followed the introduction of a dedicated cryptoasset capital-gains section in the Self Assessment return, according to HMRC’s Capital Gains Tax statistics.

HMRC estimated an additional £168 million of Capital Gains Tax from its cryptoasset compliance and education activity in 2024 to 2025. The estimate concerns the yield attributed by HMRC to those activities, rather than the £1.38 billion of taxable cryptoasset gains reported by taxpayers.

The new section created a specific reporting channel for cryptoasset gains within Self Assessment.

Under the Cryptoasset Reporting Framework, cryptoasset service providers will report customer information to tax authorities, with HMRC due to receive the data from 2027.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.