Event JSON
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"content": "Yesterday 🇬🇧, HM Revenue \u0026 Customs published the first official stats on the UK's Bitcoin \u0026 Crypto Tax figures, and the \"Crypto Millionaires\" data.\n\n➡️ BBA's Centre for Evidence-Based Blockchain has produced a plain-English summary outlining key facts \u0026 figures, which you can find in the link in the comments.\n\n📍Some Key Facts:\n\n✅ Bitcoin and crypto have created an entirely new kind of taxpayer\n\n✅ 17,600 people reported a taxable cryptoasset gain:\n\n➡️ £13.8 billion of disposal proceeds\n➡️ £1.38 billion of gains\n➡️ Average gain: £78,000\n\n✅ 240 people reported cryptoasset gains of £1 million or more in 2024/25: £717 million between them\n\n✅ 65% of reporters had crypto gains under £25,000 and produced 7% of the gains\n\n✅ 54% of people paying Capital Gains Tax on crypto are aged 25 to 44\n\n(Source: HMRC Capital Gains Tax statistics, 27 August 2026)\n\n-------\n\n📍The BBA, established in 2017, is the UK's longest-standing blockchain industry body. We are the Secretariat of APPG on Blockchain Technologies. We closely follow the latest developments in the Blockchain and Cryptoassets sector and help advance evidence-based adoption of these technologies by working with the industry, policymakers, academia, and civil society.\n\n#HMRC #Crypto #Tax #Blockchain\n \n\n\n \n\n\n\nhttps://blossom.primal.net/e93c5fc33887a2949168e6e7703b51ec02d93c184277ad0a5a164e87ba010bd1.jpg\nhttps://blossom.primal.net/645c015102ef75e3d8b6cdf31d64df7ed234a897465f94443049822fa2720104.jpg\nhttps://blossom.primal.net/15ffb713d69f0b1a56b2ff3b85e4f265b46d6b150c2e89544e6a48a379645bb6.jpg\nhttps://blossom.primal.net/86e2f707142fc8920a07b22dc565fcab89d5cb9a53516a902432b2edd55d2c30.jpg\nhttps://blossom.primal.net/6be03a5bc1228bd617c59ed9260e6500508f1c7261a30fb75ee2df9465752f39.jpg\nhttps://blossom.primal.net/a3050c69e23553bc19bb694262b51d2ff20933af6803f5bfa85eefca0a510cac.jpg\nhttps://blossom.primal.net/91c868cad0768262024fa7de3721cf5d737f73d56c661ca8a228c0ed9dbada0b.jpg",
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}
