UK HMRC adopts ‘no gain, no loss’ tax treatment for crypto lending, liquidity pools
The Block·
60-second summary
HMRC is adopting a 'no gain, no loss' tax treatment for specific crypto lending and liquidity pool transactions, effectively deferring Capital Gains Tax (CGT) until economic disposal. This change applies to certain types of loans and liquidity pools, potentially reducing tax burdens for UK crypto investors. Market implications are still unfolding.
HMRC adopts "no gain, no loss" treatment for certain crypto loans and liquidity pool transactions, deferring CGT until economic disposal.