What is being requested?
Update the UK tax treatment of staking transactions to reflect current UK guidelines and provide optionality for users to apply the treatment based on how staking is performed (e.g., solo staking vs. pool staking).
Why is this needed?
Currently, UK staking is automatically treated as taxable.
However certain staking methods (e.g., solo staking) may not be taxable. Automatically treating all staking as taxable may lead to inaccurate tax reporting and create additional work for users.
What can users do now?
There is no current workaround. Users should wait for a fix from our engineering team.
Users can upvote this post to be notified of progress.
Keywords: UK staking, staking treatment UK, tax optionality, UK crypto tax