UK Defers Capital Gains Tax on DeFi Lending and Liquidity Pool Deposits
2026-07-14 23:05

Woofun AI reports that the UK's HM Revenue & Customs has confirmed depositing crypto assets into DeFi lending protocols and liquidity pools will no longer constitute a taxable disposal. Capital gains tax liability will be deferred until an actual economic disposal occurs. This policy, amending the Taxation of Chargeable Gains Act 1992, takes effect on April 6, 2027, and is estimated to affect approximately 700,000 individuals and trustees. Aave founder Stani Kulechov described the change as a "step in the right direction."

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Stani Kulechov
Aave
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