Has anyone got clear advice on what should be entered on your income tax return given below example of interest earned on a peer to peer lending platform
Gross Interest €100.00
Platform Fees €12.50
Loan Defaults €20.00
Is the taxable amount
1. Gross Interest
2. Gross Interest less platform fees
3. Gross Interest less platform fees less loan defaults
Gross Interest €100.00
Platform Fees €12.50
Loan Defaults €20.00
Is the taxable amount
1. Gross Interest
2. Gross Interest less platform fees
3. Gross Interest less platform fees less loan defaults