HMRC warned this week on X about a new wave of fake text messages. Fraudsters impersonate HMRC and ask for “additional information” supposedly needed for a cryptoasset declaration (cryptoassets declaration). HMRC reports a growing number of reports of such messages, Brit Brief said on 20 October 2026.
HMRC reminds you that it never asks for personal or financial details by text. A genuine HMRC text may at most direct you to general guidance on GOV.UK about the taxation of cryptoassets.
Editorial comment
Fraudsters are exploiting the fact that people hear about new cryptoasset reporting rules and fear a penalty. Many people, including in the Polish community, have bought cryptocurrency and don’t know exactly what they must declare. It is the perfect moment for criminals. We have already written about other fake texts and calls “from HMRC” – the mechanism is the same.
What to do
- Do not click links in texts about tax. Go to gov.uk or the HMRC app yourself.
- Forward a suspicious text to 60599 and an email to [email protected]. Then delete it.
- If you have given details or paid – call your bank immediately and report it to Report Fraud (formerly Action Fraud).
- Warn your family and staff – especially older people.
What do you think?
Do you feel this in your business? Tell us in the comments below the article. We will cover the most interesting views in future editions.
Sources
- Brit Brief: HMRC warns of scam texts asking for cryptoassets declaration info (20.10.2026)
- THE BUSINESS TIME: HMRC scams – texts, calls, tax refunds
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