New figures published this week (04/11/21) show HMRC has already identified £428,000 in tax it believes was underpaid by wealthy individuals on cryptocurrency investments last year.
This is a jump of 202 percent from £142,000 it believes was underpaid the year before, according to international law firm, Pinsent Masons.
The firm said that given the growing popularity of cryptocurrency investment, this figure is likely...