HMRC crypto fines are rising in 2025. Here are the most common mistakes that get UK traders penalised.
Intro
Every tax season, HMRC fines thousands of traders for the same simple crypto mistakes.
Mistake 1: Ignoring Staking Rewards
HMRC treats staking as income tax, not capital gains.
Mistake 2: Double-Counting Wallet Transfers
Moving ETH between wallets isn’t taxable — but many file it wrong.
Mistake 3: Missing NFTs
NFT trades are taxable. HMRC knows this.
Mistake 4: Late Filing
Miss the Jan 31 deadline → automatic penalties.
Mistake 5: Not Declaring Losses
Unclaimed losses = overpaid tax + wasted opportunity.
Final Thoughts
Mistakes = fines. Clean records = peace of mind.
👉 At TaxAnon, we fix every mistake before HMRC fines you.
🔗 Avoid crypto tax mistakes