Crowdlending Tax

How does the taxation of crowdfunding actually work? The tax rules for investing are not as complex as many people think, and it should certainly not be the crowdlending tax rules that stop you from making some exciting investments. Learn more about crowdlending tax here. 

Is tax payable on crowdlending? 

Yes, as with all other investments, taxes are also payable on returns earned through crowdlending, so crowdlending tax is unavoidable. As crowdlending is still a relatively new phenomenon in Denmark, the specific rules can still be a little difficult to navigate, and we therefore provide you with a quick guide below so that you can get the basics in place before you have to report for the first time and you can pay the correct amount of crowdlending tax. ‍

How to pay crowdlending tax‍

The procedure for reporting your crowdlending investment to SKAT varies depending on which platform you invest through, and crowdlending investments through Danish and foreign platforms must be reported in their own fields. There may also be differences in relation to whether the return is reported automatically from your chosen crowdlending platform or whether you have to enter the information in the appropriate box on your tax return. Therefore, familiarize yourself with the procedures of the individual platforms and regularly check that the figures on your tax return are correct.

Reporting ofinterest income from investments with FundBricks‍

Fortunately, your annual interest income, also known as the return, from your investments with FundBricks is easy to report. Simply use box 39 (other capital income) on your tax return with SKAT, where you enter the value of your interest income from the relevant tax year. If in doubt, we recommend that you consult an accountant when the year's accounts are being prepared and you are about to report to SKAT. This will ensure that you get it right. Read more about tax on shares and investments here.