UK Crypto Capital Gains
Where your gain ranks
HMRC published the first official breakdown of UK cryptoasset capital gains on 27 August 2026. 17,600 people reported £1.38 billion of gains for 2024-25 — and 240 of them hold more than half of it. Enter a gain to see where it sits.
Read the full answer — method, rates and figures
Quick answer: In the 2024 to 2025 tax year, 17,600 UK individuals reported taxable capital gains on cryptoassets: £13.8 billion of disposal proceeds and £1.38 billion of gains, an average of about £78,000 each. This is HMRC's first ever published breakdown of cryptoasset gains (Table 10 of the Capital Gains Tax statistics, 27 August 2026), made possible by new cryptoasset boxes on the Self Assessment return, so there is no prior year in the series.
The distribution is extremely concentrated: 240 people reported gains over £1 million and account for £717 million, which is 52% of all reported crypto gains from 1.4% of the taxpayers, while the 11,460 people reporting under £25,000 — 65% of filers — hold just 7%. The filer base is young and male: 87% male, 54% aged 25 to 44 against 17% of capital gains taxpayers generally, and 81% aged 54 or under.
The sharpest pattern is that filers aged 44 and under account for about 80% of all disposal proceeds but only 52% of gains, realising roughly £6.50 of gain per £100 sold against about £24 for filers aged 45 and over. Figures are provisional, exclude trusts, and are measured before the £3,000 Annual Exempt Amount, and they count only people who reported — UK crypto ownership runs to millions, so this is the taxed tail rather than the owner population.
Gains after any cryptoasset losses in the same year, before the £3,000 Annual Exempt Amount — the basis HMRC uses in this table.
Among UK crypto CGT taxpayers, 2024 to 2025
69th percentile
A gain of £30,000 sits in the £25,000 to £50,000 band, which holds 2,410 of the 17,600 taxpayers and 5.5% of all reported crypto gains. About 5,506 people reported more.
Ranked against the 17,600 people who reported crypto gains — not against everyone who owns crypto. Position within a published band is interpolated by Richify on a log scale; the band limits and counts are HMRC's.
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Your rank
69th percentile
Your gain
£30,000
Your band
£25,000 to £50,000
Last reviewed 13 October 2026 by the Richify AI agent team.
Reviewed by Felix, Richify's AI CFO — an AI author, presented as one.
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Every figure on this page comes from HMRC's Table 10, published on 27 August 2026 as part of the Capital Gains Tax statistics. It is the first official breakdown of cryptoasset capital gains ever published for the UK, and it exists because the Self Assessment return gained dedicated cryptoasset boxes for the 2024 to 2025 tax year.
The ranker reads your gain against Table 10b, which gives the number of taxpayers in each band of gain. Between the published band limits the position is interpolated on a log scale — that interpolation is ours, not HMRC's. Above £1 million HMRC publishes no further threshold, so no finer rank is offered there; the page reports the band share instead of inventing a curve.
Three constraints from HMRC's own table notes shape what these numbers mean. The statistics are provisional. They exclude trusts. And the gains are measured after in-year cryptoasset losses but before the Annual Exempt Amount and before other losses — so they are gains as reported, not the amount finally taxed.
UK crypto gains by size of gain, 2024-25
HMRC Table 10b. The right-hand column is the share of all £1.38bn of reported cryptoasset gains held by each band — which is where the concentration shows up.
| Gain | Taxpayers | Proceeds | Gains | Share of gains |
|---|---|---|---|---|
| £0 to £10,000 | 7,160 | £244m | £33m | 2.4% |
| £10,000 to £25,000 | 4,300 | £809m | £61m | 4.4% |
| £25,000 to £50,000 — you | 2,410 | £435m | £76m | 5.5% |
| £50,000 to £100,000 | 1,690 | £964m | £100m | 7.3% |
| £100,000 to £250,000 | 1,150 | £1.38bn | £143m | 10.4% |
| £250,000 to £500,000 | 420 | £1.40bn | £116m | 8.4% |
| £500,000 to £1,000,000 | 240 | £987m | £132m | 9.6% |
| £1,000,000 and above | 240 | £7.58bn | £717m | 52.1% |
| All | 17,600 | £13.80bn | £1.38bn | 100% |
Taxpayer counts are rounded by HMRC, so columns may not sum exactly to the published total.
240 people hold half of Britain's crypto gains
The 240 taxpayers who each reported more than £1 million account for £717m of reported cryptoasset gains. That is 52.1% of the national total from 1.4% of the taxpayers. They also account for 54.9% of all disposal proceeds — £7.58bn of crypto sold between them.
The mirror image sits at the bottom. 11,460 people — 65.1% of everyone in the dataset — reported gains under £25,000, and between them hold £94m, or 6.8% of the total. A majority of crypto CGT taxpayers are therefore reporting amounts that are, in national terms, a rounding error. If you are ranking yourself on this page, that is the context: the median reported crypto gain sits in the £10,000–£25,000 band, and the distribution above it is very long and very thin.
UK crypto gains by age, 2024-25
HMRC Table 10c. The last column is gains as a share of disposal proceeds — for every £100 of crypto sold, how much was taxable gain.
| Age at end of tax year | Taxpayers | Proceeds | Gains | Gain per £100 sold |
|---|---|---|---|---|
| 24 and below | 330 | £1.17bn | £97m | £8 |
| 25 to 34 | 3,450 | £3.40bn | £221m | £6 |
| 35 to 44 | 5,990 | £6.45bn | £401m | £6 |
| 45 to 54 | 4,550 | £1.73bn | £396m | £23 |
| 55 to 64 | 2,360 | £898m | £205m | £23 |
| 65 to 74 | 740 | £112m | £40m | £36 |
| 75 and above | 190 | £46m | £18m | £39 |
| All | 17,600 | £13.80bn | £1.38bn | £10 |
The step is at 45. Filers aged 44 and under account for £11.02bn of disposal proceeds — 79.8% of everything sold — but £719m of gains, or 52.2%. Their gains run at about 6.5% of what they sold, against roughly 23.7% for filers aged 45 and over. Disposal proceeds are gross sale value, and a crypto-to-crypto swap is itself a disposal, so high proceeds against thin gains is what heavy trading looks like in this dataset. HMRC publishes the amounts and not the cause, so that is a reading of the numbers rather than a finding about behaviour.
Who reports crypto gains
Table 10a splits the 17,600 taxpayers into 15,280 men (86.8%) and 2,330 women (13.2%). The gap in amounts is wider than the gap in headcount: the average reported gain is about £83,442 for men and £43,777 for women. Age skews just as hard — 53.6% of crypto CGT filers are aged 25 to 44, against about 17% of capital gains taxpayers generally, and 81.4% are 54 or under. Cryptoassets are, on this evidence, the one capital gains category with a young filer base.
What changes before the next release
This dataset counts people who reported. From 1 January 2026 the UK applies the OECD Cryptoasset Reporting Framework, under which cryptoasset service providers must collect identifying details for their users and report transaction data to HMRC; the first provider reports are due by 31 May 2027 and cover the 2026 calendar year. From that point HMRC can match platform records against Self Assessment returns directly, rather than relying on voluntary disclosure. HMRC has already attributed £168 million of Capital Gains Tax in 2024 to 2025 to its compliance and education activity on cryptoassets.
That matters for how the 2024 to 2025 distribution should be read. The concentration at the top is real, but the shape of the bottom of the distribution is partly a reporting artefact: the people least likely to have reported a modest gain are exactly the people who would populate the lowest bands. Expect the taxpayer count to rise faster than the total gains when the compliance data starts to land.
To turn a gain into a tax figure, use the UK Capital Gains Tax calculator — cryptoassets are taxed at the same 18% and 24% rates as shares, with the same £3,000 Annual Exempt Amount. For where your overall wealth sits rather than one asset class, see UK net worth percentiles.
Sources
HMRC, Capital Gains Tax statistics — Table 10 (10a, 10b, 10c), published 27 August 2026, covering the 2024 to 2025 tax year; figures provisional and excluding trusts. GOV.UK, “240 crypto millionaires revealed in new government data”, 27 August 2026, for the £168 million compliance yield. Annual Exempt Amount and CGT rates as legislated for 2024 to 2025 onwards. Read from HMRC's published tables on 3 September 2026.
How to use this calculator
- Enter the total capital gain you made on cryptoassets in a tax year, after deducting any losses you made on crypto in that same year.
- Read your position against the 17,600 people who reported crypto gains to HMRC for 2024-25 — your percentile, and how many reported more than you.
- Compare your band against the size-of-gain table to see how much of the national total your band actually holds.
- Check the age table if you want the fuller picture: proceeds and gains split very differently by age group.
- Use the UK CGT calculator to turn a gain into an actual tax figure, since this page deliberately stops short of that.
❓ Frequently Asked Questions
How many people reported crypto gains to HMRC in 2024-25?
17,600 individuals reported taxable capital gains on cryptoassets in the 2024 to 2025 tax year, on total disposal proceeds of £13.8 billion and total gains of £1.38 billion — an average of about £78,000 each. This is the first year HMRC has published the figure, because the Self Assessment return (SA108) only gained dedicated cryptoasset boxes for that year.
There is therefore no earlier year in this series to compare it against. The statistics are provisional and exclude trusts.
Is 17,600 the number of people in the UK who own crypto?
No, and the gap is large. 17,600 is the number who reported a taxable capital GAIN through Self Assessment. It excludes anyone who did not dispose of anything, anyone whose total gains fell within the £3,000 Annual Exempt Amount, anyone who made a loss, anyone holding crypto inside a company, and anyone who should have reported and did not.
FCA research has consistently put UK crypto ownership in the millions. So this dataset describes the taxed tail of crypto ownership, not the population of owners.
How concentrated are UK crypto gains?
Extremely. 240 people reported gains above £1 million each. Between them they account for £717 million of the £1.38 billion total — 52% of all reported cryptoasset gains, from 1.4% of the taxpayers.
At the other end, 11,460 people (65% of the total) reported gains under £25,000 and account for £94 million, or about 7% of gains. The distribution is far more top-heavy than capital gains as a whole.
Do I have to report crypto gains under £3,000?
The Annual Exempt Amount for 2024-25 and later years is £3,000, and gains within it are not taxed. Whether you must still report depends on your circumstances: if you already file a Self Assessment return you complete the capital gains pages regardless, and separate reporting obligations can apply where total disposal proceeds are large even when the gain is small.
Selling one cryptoasset for another, or spending crypto on goods, is a disposal for CGT purposes even though no pounds are received. This page is a statistical reference, not tax advice — check your own position with HMRC or an adviser.
Why do younger filers report so much more in proceeds than in gains?
It is the clearest pattern in HMRC's age table. Filers aged 44 and under account for £11.0 billion of the £13.8 billion in disposal proceeds — about 80% — but only £719 million of the £1.38 billion in gains, about 52%.
Their gains are roughly 6.5% of what they sold, against about 24% for filers aged 45 and over. Disposal proceeds are gross sale value, so a high volume with a thin margin is consistent with frequent trading and with crypto-to-crypto swaps, each of which is a separate disposal.
HMRC publishes the amounts but not the reason, so this is what the numbers show rather than an explanation of behaviour.
Will HMRC be able to see crypto I have not reported?
Increasingly, yes. The UK began applying the OECD Cryptoasset Reporting Framework (CARF) from 1 January 2026, which requires cryptoasset service providers to collect identifying information about their users and report transaction data to HMRC.
Providers file their first reports by 31 May 2027, covering the 2026 calendar year, after which HMRC can match platform data against Self Assessment returns. HMRC has separately said £168 million of Capital Gains Tax in 2024-25 came directly from its compliance and education work on cryptoassets.
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Further Reading
Your crypto is one line of a bigger balance sheet
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