I have read through a number of articles and forum posts about Staking and income classifications and Tax implication (UK) but am not 100% clear on some tax queries.
I understand that if coins are staked then staking income is a taxable event. If those coins are then sold is the sale also taxed? How does that work?
i.e. would staking be taxed twice, one when staked income received and again when a coin is sold?
If stable coins are being lent on an exchange and interest is received this is classified as income.
Is this income calculated as part of the Accointing software and included in the capital gains/losses tax calculation or does this income have to be declared separately like it would be for “standard income” like for a normal salary?