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Nexo Community Nexo Community
A-F

Hi, Does anyone know if the interest earnt from Nexo is

classed as capital gains or income tax in the UK?

#cryptocurrency #english #nexo
0

2 ответов

13 просмотров
Peter | Nexo | No support via DM-

We are not allowed to provide any legal or financial advices to customers, better check with the relevant institution in UK.

0
05.04.2022
Malcolm-Ripley

In the UK interest is classed as income (more assets). Capital gains applies to the increase in value of the asset (same assets higher value). NB CGT only applies if you cash in or swap your assets for something else. Take care because stablecoins to other coins/tokens is a CGT event!

0
05.04.2022

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