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UK Tax Authority Targets Crypto Investors with 65,000 'Nudge' Letters

The UK tax authority has intensified its efforts to address crypto tax non-compliance, sending around 65,000 "nudge" letters in the 2024-25 tax year. Surge in 'Nudge' Letters Revealed by FOIA The United Kingdom's tax authority, His Majesty's Revenue and Customs (HMRC), has escalated its crackdown on crypto tax non-compliance, issuing approximately 65,000 "nudge" letters to [...]

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