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I earned £200 in staking rewards on an exchange

The situation

Sam received small monthly staking rewards shown in their exchange app, worth about £200 total in the tax year.

An illustrative example with an invented name, not a real case.

Quick answer

Staking rewards are generally taxable as income at sterling value when received. That value becomes acquisition cost for CGT when you later sell. Check if the £1,000 trading allowance applies.

What to do

  1. List each reward date and pound value
  2. Report income on SA100 if required
  3. Add rewards to token pool for future disposals

Not financial or tax advice. Updated June 2026.