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The UK will delay charging capital gains tax on DeFi lending and deposits in liquidity pools
BlockBeats message, July 14: UK tax authorities have confirmed that depositing crypto assets into DeFi lending protocols and liquidity pools will no longer be treated as a taxable disposal in the future. This means investors do not need to pay capital gains tax before a real economic disposal of the assets actually occurs.
This adjustment was announced in a policy document released by the UK government and will officially take effect on April 6, 2027, amending the “1992 Taxable Income Law.” This policy change will affect about 700,000 individuals and trust trustees who use crypto lending and liquidity pool services.