Your Data Shadow: What HMRC Will Know About Your Bitcoin
2026-11-21 –, Pendulum - Main Stage

Every UK holder now has a data shadow: a growing file of exchange, wallet and identity information that HMRC will receive automatically under the Cryptoasset Reporting Framework. Most people have no idea how large that file is, what is in it, or how far back it reaches.

This talk explains what is actually being collected, who has to report it, what HMRC does with it once it lands, and the very short window holders have to put their position right on their own terms rather than HMRC's. It covers what nudge letters and discovery assessments look like in practice, where self-custody sits, and why "I only ever bought" is not the safe position most people assume it is.


Bitcoiners have spent years being told that tax will catch up eventually. It has. The Cryptoasset Reporting Framework moves HMRC from asking questions to already having the answers, and the first tranche of data covers activity that has already happened.

I act for UK holders through HMRC compliance checks, voluntary disclosures and multi-year reconstructions, and this session is the version of that conversation I have most often, compressed into 20 minutes.

The Bitcoin & Crypto Accountant
Managing Director of By The Book Accountancy Limited, a UK practice with a dedicated Bitcoin and crypto tax specialism operating as cryptotaxhelp.co.uk. I act for UK holders on HMRC compliance checks, voluntary disclosures and cost base reconstructions, and I engage directly with HMRC's Cryptoasset team on policy points.