Blog / Staking Mining & Airdrops

Staking Mining & Airdrops

• Crypto Mining Tax UK: The £1,000 Allowance and the Second Tax You Did Not See Coming

  UK crypto miners: mining rewards are taxable income on receipt. The £1,000 allowance only covers income tax. A second CGT charge applies when you sell.

• Staking Rewards Tax UK: The Two-Step (Income on Receipt, Then CGT)

  UK staking rewards are taxed twice in two steps: income on receipt at sterling value, then CGT on disposal. The £1,000 allowance shelters income only, not CGT.