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Wealthy individuals "underpaying tax" on crypto investments

News Team, 05/11/2021

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...


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