[UK] HMRC cryptoasset reporting rules for 2026

From January 1, 2026, anyone providing cryptoasset services in the UK will have new responsibilities for collecting data and reporting it to HMRC, PAYadvice reports.

This is due to the introduction of the Organisation for Economic Development (OECD) Cryptoasset Reporting Framework (CARF), and its extension to include domestic reporting.

Under new rules, failure to provide accurate info could reportedly lead to a penalty, additional fines, and account restrictions. 

For those using or intending to use a UK cryptoasset service, the information users will need to provide is available on GOV.UK.

Source: PAYadvice

(Link via original reporting)

From January 1, 2026, anyone providing cryptoasset services in the UK will have new responsibilities for collecting data and reporting it to HMRC, PAYadvice reports.

This is due to the introduction of the Organisation for Economic Development (OECD) Cryptoasset Reporting Framework (CARF), and its extension to include domestic reporting.

Under new rules, failure to provide accurate info could reportedly lead to a penalty, additional fines, and account restrictions. 

For those using or intending to use a UK cryptoasset service, the information users will need to provide is available on GOV.UK.

Source: PAYadvice

(Link via original reporting)