# CRYPTOCURRENCY TAX - [Do I Need to Pay Tax on my Cryptoassets?](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/do-i-need-to-pay-tax-on-my-cryptoassets.md) - [Which Taxes Apply?](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/which-taxes-apply.md) - [Capital Gains Tax (CGT)](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/which-taxes-apply/capital-gains-tax-cgt.md) - [Income tax](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/which-taxes-apply/income-tax.md) - [VAT](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/which-taxes-apply/vat.md) - [Inheritance tax](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/which-taxes-apply/inheritance-tax.md) - [Stamp Duty](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/which-taxes-apply/stamp-duty.md) - [How Much Tax Will I Pay?](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/how-much-tax-will-i-pay.md) - [New HMRC DeFi Guidance](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/new-hmrc-defi-guidance.md): Overview of HMRC Guidance on DeFi Lending & Staking published 2 February 2022. - [Overview of HMRC guidance](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/new-hmrc-defi-guidance/overview-of-hmrc-guidance.md) - [Is the Reward Income or Capital?](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/new-hmrc-defi-guidance/is-the-reward-income-or-capital.md) - [Is Beneficial Ownership (BO) transferred?](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/new-hmrc-defi-guidance/is-beneficial-ownership-bo-transferred.md) - [Consider the Tax Treatment](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/new-hmrc-defi-guidance/consider-the-tax-treatment.md): Consider the tax treatment of the yield generating activity - [Staker/Lender/Collateral Provider](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/new-hmrc-defi-guidance/consider-the-tax-treatment/staker-lender-collateral-provider.md) - [Income Rewards](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/new-hmrc-defi-guidance/consider-the-tax-treatment/staker-lender-collateral-provider/income-rewards.md): Where INCOME REWARDS are received for locking tokens up - [BO transferred](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/new-hmrc-defi-guidance/consider-the-tax-treatment/staker-lender-collateral-provider/income-rewards/bo-transferred.md): Tax position for lender/staker receiving INCOME REWARDS - [At Point of Entry](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/new-hmrc-defi-guidance/consider-the-tax-treatment/staker-lender-collateral-provider/income-rewards/bo-transferred/at-point-of-entry.md): Tax position for lender/staker where INCOME REWARDS received and there is a transfer of beneficial ownership - [At Point of Exit](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/new-hmrc-defi-guidance/consider-the-tax-treatment/staker-lender-collateral-provider/income-rewards/bo-transferred/at-point-of-exit.md): Tax position for lender/staker where INCOME REWARDS received and there is a transfer of beneficial ownership - [On Liquidation](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/new-hmrc-defi-guidance/consider-the-tax-treatment/staker-lender-collateral-provider/income-rewards/bo-transferred/on-liquidation.md): Tax position for lender/staker where INCOME REWARDS received and there is a transfer of beneficial ownership - [On Receipt of Income Reward](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/new-hmrc-defi-guidance/consider-the-tax-treatment/staker-lender-collateral-provider/income-rewards/bo-transferred/on-receipt-of-income-reward.md): Tax position for lender/staker where INCOME REWARDS received and there is a transfer of beneficial ownership - [Example 1A](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/new-hmrc-defi-guidance/consider-the-tax-treatment/staker-lender-collateral-provider/income-rewards/bo-transferred/example-1a.md): Tax position for staker where INCOME REWARDS received and there is a transfer of beneficial ownership - [Example 2A](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/new-hmrc-defi-guidance/consider-the-tax-treatment/staker-lender-collateral-provider/income-rewards/bo-transferred/example-2a.md): With transfer of beneficial ownership upon adding collateral, an income reward and liquidation - [BO not transferred](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/new-hmrc-defi-guidance/consider-the-tax-treatment/staker-lender-collateral-provider/income-rewards/bo-not-transferred.md): Tax position for lender/staker receiving INCOME REWARDS - [At Point of Entry](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/new-hmrc-defi-guidance/consider-the-tax-treatment/staker-lender-collateral-provider/income-rewards/bo-not-transferred/at-point-of-entry.md): Tax position for lender/staker where INCOME REWARDS received and there is NO transfer of beneficial ownership - [At Point of Exit](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/new-hmrc-defi-guidance/consider-the-tax-treatment/staker-lender-collateral-provider/income-rewards/bo-not-transferred/at-point-of-exit.md): Tax position for lender/staker where INCOME REWARDS received and there is NO transfer of beneficial ownership - [On Liquidation](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/new-hmrc-defi-guidance/consider-the-tax-treatment/staker-lender-collateral-provider/income-rewards/bo-not-transferred/on-liquidation.md): Tax position for lender/staker where INCOME REWARDS received and there is NO transfer of beneficial ownership - [On Receipt of Income Reward](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/new-hmrc-defi-guidance/consider-the-tax-treatment/staker-lender-collateral-provider/income-rewards/bo-not-transferred/on-receipt-of-income-reward.md): Tax position for lender/staker where INCOME REWARDS received and there is NO transfer of beneficial ownership - [Example 1B](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/new-hmrc-defi-guidance/consider-the-tax-treatment/staker-lender-collateral-provider/income-rewards/bo-not-transferred/example-1b.md): Tax position for staker where INCOME REWARDS received and there is NO transfer of beneficial ownership - [Example 2B](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/new-hmrc-defi-guidance/consider-the-tax-treatment/staker-lender-collateral-provider/income-rewards/bo-not-transferred/example-2b.md): No transfer of beneficial ownership upon adding collateral, an income reward and liquidation - [Capital Rewards](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/new-hmrc-defi-guidance/consider-the-tax-treatment/staker-lender-collateral-provider/capital-rewards.md): Where CAPITAL REWARDS are received for locking tokens up - [BO transferred](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/new-hmrc-defi-guidance/consider-the-tax-treatment/staker-lender-collateral-provider/capital-rewards/bo-transferred.md): Tax position for lender/staker receiving CAPITAL REWARDS - [At Point of Entry](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/new-hmrc-defi-guidance/consider-the-tax-treatment/staker-lender-collateral-provider/capital-rewards/bo-transferred/at-point-of-entry.md): Tax position for lender/staker where CAPITAL REWARDS received and there is a transfer of beneficial ownership - [At Point of Exit](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/new-hmrc-defi-guidance/consider-the-tax-treatment/staker-lender-collateral-provider/capital-rewards/bo-transferred/at-point-of-exit.md): Tax position for lender/staker where CAPITAL REWARDS received and there is a transfer of beneficial ownership - [On Liquidation](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/new-hmrc-defi-guidance/consider-the-tax-treatment/staker-lender-collateral-provider/capital-rewards/bo-transferred/on-liquidation.md): Tax position for lender/staker where CAPITAL REWARDS received and there is a transfer of beneficial ownership - [On Receipt of Capital Reward](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/new-hmrc-defi-guidance/consider-the-tax-treatment/staker-lender-collateral-provider/capital-rewards/bo-transferred/on-receipt-of-capital-reward.md): Tax position for lender/staker where CAPITAL REWARDS received and there is a transfer of beneficial ownership - [Example 1C](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/new-hmrc-defi-guidance/consider-the-tax-treatment/staker-lender-collateral-provider/capital-rewards/bo-transferred/example-1c.md): Tax position for staker where CAPITAL REWARDS received and there is a transfer of beneficial ownership - [Example 2C](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/new-hmrc-defi-guidance/consider-the-tax-treatment/staker-lender-collateral-provider/capital-rewards/bo-transferred/example-2c.md): With transfer of beneficial ownership upon adding collateral, a capital reward and liquidation - [BO not transferred](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/new-hmrc-defi-guidance/consider-the-tax-treatment/staker-lender-collateral-provider/capital-rewards/bo-not-transferred.md): Tax position for lender/staker receiving CAPITAL REWARDS - [At Point of Entry](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/new-hmrc-defi-guidance/consider-the-tax-treatment/staker-lender-collateral-provider/capital-rewards/bo-not-transferred/at-point-of-entry.md): Tax position for lender/staker where CAPITAL REWARDS received and there is NO transfer of beneficial ownership - [At Point of Exit](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/new-hmrc-defi-guidance/consider-the-tax-treatment/staker-lender-collateral-provider/capital-rewards/bo-not-transferred/at-point-of-exit.md): Tax position for lender/staker where CAPITAL REWARDS received and there is NO transfer of beneficial ownership - [On Liquidation](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/new-hmrc-defi-guidance/consider-the-tax-treatment/staker-lender-collateral-provider/capital-rewards/bo-not-transferred/on-liquidation.md): Tax position for lender/staker where CAPITAL REWARDS received and there is NO transfer of beneficial ownership - [On Receipt of Capital Reward](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/new-hmrc-defi-guidance/consider-the-tax-treatment/staker-lender-collateral-provider/capital-rewards/bo-not-transferred/on-receipt-of-capital-reward.md): Tax position for lender/staker where CAPITAL REWARDS received and there is NO transfer of beneficial ownership - [Example 1D](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/new-hmrc-defi-guidance/consider-the-tax-treatment/staker-lender-collateral-provider/capital-rewards/bo-not-transferred/example-1d.md): Tax position for staker where CAPITAL REWARDS received and there is NO transfer of beneficial ownership - [Example 2D](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/new-hmrc-defi-guidance/consider-the-tax-treatment/staker-lender-collateral-provider/capital-rewards/bo-not-transferred/example-2d.md): No transfer of beneficial ownership upon adding collateral, a capital reward and liquidation - [Borrower](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/new-hmrc-defi-guidance/consider-the-tax-treatment/borrower.md) - [Investor or Trader?](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/investor-or-trader.md) - [Badges of Trade Limitations](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/investor-or-trader/badges-of-trade-limitations.md) - [HMRC Approach](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/investor-or-trader/hmrc-approach.md) - [Court Cases involving Financial Traders](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/investor-or-trader/court-cases-involving-financial-traders.md) - [Capital Gains Tax](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/capital-gains-tax.md) - [Calculating the Capital Gains Position](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/capital-gains-tax/calculating-the-capital-gains-position.md) - [Disposal proceeds](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/capital-gains-tax/disposal-proceeds.md) - [Disposals to Connected Parties](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/capital-gains-tax/disposals-to-connected-parties.md) - [Allowable costs for CGT](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/capital-gains-tax/allowable-costs-for-cgt.md) - [Exchange fees](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/capital-gains-tax/allowable-costs-for-cgt/exchange-fees.md) - [Forks - affect on allowable costs](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/capital-gains-tax/allowable-costs-for-cgt/forks-affect-on-allowable-costs.md): How do forks affect allowable costs? - [Capital Loss Claims](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/capital-gains-tax/capital-loss-claims.md) - [Income Tax](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/income-tax.md) - [Financial trading income](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/income-tax/financial-trading-income.md) - [Miscellaneous Income](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/income-tax/miscellaneous-income.md) - [Employment income](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/income-tax/employment-income.md) - [Fair Market Valuation](https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/fair-market-valuation.md) --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. 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