Are crypto gambling winnings taxed in the UK?

No. In the UK, casual gambling winnings are not taxable income. HM Revenue and Customs does not consider gambling winnings as income for recreational players. This applies to crypto gambling as well as traditional gambling. Professional gamblers who derive their primary income from gambling may be taxed differently. Australia, Canada, and Germany have similar rules where recreational gambling winnings are not taxed.

Read the full analysis: Full comparison of crypto gambling tax rules by country

Related Questions

Last updated: March 2026