Cryptoassets: Taxation

Treasury written question – answered on 11th January 2023.

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Photo of James Murray James Murray Shadow Financial Secretary (Treasury)

To ask the Chancellor of the Exchequer, if he will place in the House of Commons Library a summary of responses and government response to the taxation of decentralised finance involving the lending and staking of cryptoassets consultation, which closed in August 2022.

Photo of Andrew Griffith Andrew Griffith The Economic Secretary to the Treasury

As you are aware, the Government ran a call for evidence on the tax treatment of decentralised finance (DeFi) lending and staking activities from 5 July to 31 August 2022. The Government will respond to the call for evidence and publish a summary of responses in due course.

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