HM Revenue and Customs sent 81,172 crypto-related tax warnings during the 2025/26 financial year, according to figures attributed to a UHY Hacker Young freedom-of-information request in an August 23, 2026 UPay report. The communications included letters, emails and text messages about possible undeclared tax.
The reported total compares with 64,982 warnings in 2024/25 and 27,714 in 2023/24. That amounts to an increase of roughly a quarter over the previous year and nearly three times the level two years earlier.
UPay describes the communications as prompts for taxpayers to review their records and returns. Its report notes that receiving one does not by itself establish an unpaid liability or a formal investigation. It attributes to HMRC a statement that such messages are routinely used to educate and remind customers.
The report connects the campaign with disposals
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