What’s changed? From 1 January, people who use cryptocurrency in the UK must now share their personal details with crypto platforms, and those platforms must automatically pass information to HM Revenue & Customs (HMRC). This applies whether you use crypto a...
Anti Money Laundering
HMRC Is Watching Crypto and Digital Assets — What You Need to Know for Self Assessment
If you hold cryptoassets, electronic money products, or other digital currencies, HMRC is increasing its scrutiny, and this could affect your Self Assessment tax return. Even casual investors or individuals who use digital assets occasionally need to be aware of these...
Anti-money laundering and countering the financing of terrorism: Supervision Report 2024-25
This report provides information about the activities of anti-money laundering (AML) and counter-terrorist financing (CTF) supervisors between 6 April 2024 – 5 April 2025 and fulfils HM Treasury’s obligation, under Regulation 51 of the Money Laundering Regulations...
HMRC Economic Crime Supervision (ECS) – Fee Changes from 1 December 2025
Following feedback from around 500 businesses, HMRC has confirmed revised ECS fees that will take effect from 1 December 2025. Key Fee Changes 1. Premises Fee Increases from £300 → £400 Charged per premises when your annual supervision fee is due. 2. Fit and Proper...
