[
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
I'm very new with P2P lending. I also don't really know how to file my tax liability on any gains from P2P investments. I have tried searching for answers on this but to no avail. I don't want to go to an accountant with this because investment involved is quite minimal. Hope somebody out there can share any knowledge. Thanks in advance.