https://www.reuters.com/sustainability/boards-policy-regulation/uk-regulation-cryptoassets-start-october-2027-finance-ministry-says-2025-12-15/
The UK’s HMRC has announced a significant tax policy change for certain crypto transactions, deferring capital gains tax until an economic disposal occurs. The “no gain, no loss” treatment will apply to cryptoasset loans and liquidity pool transactions starting in the 2027–2028 tax year. This move aims to align the treatment of these crypto activities with more traditional financial principles, reducing the immediate tax burden on UK DeFi users. The change was officially announced on July 13, 2026, and will take effect from April 6, 2027, providing a more favorable tax environment for crypto investors.
Key Takeaways
HMRC’s new tax policy appears to support a more favorable environment for crypto transactions by deferring capital gains tax.
Markets suggest the deferral could enhance investor confidence, potentially increasing activity in the crypto sector.
