UK Government Explains How to Pay Taxes on Crypto Gain or Income

November 29, 2023 @ 10:25 am By JD Alois

HM Revenues and Customs (HMRC) has posted guidance on how to pay taxes on the income or gains created by crypto investments.

HMRC states:

“You must pay the full amount you owe within 30 days of making your disclosure. If you do not, HMRC will take steps to recover the money.

If the deadline is on a weekend or bank holiday, make sure your payment reaches HMRC by the end of the previous working day.

If you do not pay by the deadline, you may need to pay a penalty, interest or both.”

HMRC outlines the various options to pay any taxes mandated, adding they will let you know if they accept your disclosure.

If you do not have the funds to pay your taxes, HMRC says they “may need to discuss and agree a new offer before we can agree.”

Reg A - Form 1-A Filings Beta

Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.

YTD: Jan 1, 2026 - Oct 22, 2026 vs Jan 1, 2025 - Oct 22, 2025

Number of Filings131Prior 125 +4.8%

Target Raise, Total$3.40BPrior $3.54B -3.9%

	This YTD	Year prior	Change
Filings	131	125	+4.8%
Target raise	$3.40B	$3.54B	-3.9%

Sponsored by the Crowded Media Group the leading digital news service covering the global Fintech Industry, including digital assets, crowdfunding, tokenization, and other innovations in capital markets. email us @CrowdfundInside

Source: DisclosureQuest. Initial Form 1-A only.

Created by Crowded Media Group

This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.

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