# Staker/Lender/Collateral Provider

The tax position of the person locking away their tokens in a yield generating activity depends on [whether the reward/return is income or capital](/uk-tax-guide-for-individuals/cryptocurrency-tax/new-hmrc-defi-guidance/is-the-reward-income-or-capital.md) and it also depends on [whether or not beneficial ownership of the tokens is transferred to another party](/uk-tax-guide-for-individuals/cryptocurrency-tax/new-hmrc-defi-guidance/is-beneficial-ownership-bo-transferred.md). 

Our analysis of the tax position for the staker/lender is split into the following scenarios:

<details>

<summary>Where <a href="/pages/O5eoJLfn7FApDjlbsM3Y">Income Rewards</a> are received for locking tokens up</summary>

* [Beneficial ownership transferred](/uk-tax-guide-for-individuals/cryptocurrency-tax/new-hmrc-defi-guidance/consider-the-tax-treatment/staker-lender-collateral-provider/income-rewards/bo-transferred.md)
* [No beneficial ownership transferred](/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)

</details>

<details>

<summary>Where <a href="/pages/ympPkskgx9ibrNtVqGwV">Capital Rewards</a> are received for locking tokens up</summary>

* [Beneficial ownership transferred](/uk-tax-guide-for-individuals/cryptocurrency-tax/new-hmrc-defi-guidance/consider-the-tax-treatment/staker-lender-collateral-provider/capital-rewards/bo-transferred.md)
* [No beneficial ownership transferred](/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)

</details>


---

# 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.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://docs.recap.io/uk-tax-guide-for-individuals/cryptocurrency-tax/new-hmrc-defi-guidance/consider-the-tax-treatment/staker-lender-collateral-provider.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.