Do eToro profits and gains need to be registered for tax?
Asked 5 years ago
Hi all, I'm from the UK here. Do the profits and gains from eToro need to be registered on self-assessment for tax purposes? Even though, technically, you don’t ever own anything through eToro?
Andrew Moran
Monday, July 05, 2021
For the most part, if you earn a profit on the eToro platform, it is your responsibility to calculate and then pay tax on the capital gains to the British government. In certain cases, eToro might withhold a certain percentage of tax, but this depends on the laws of the country where the company is located, although this applies primarily to dividends.
Please follow our Community Guidelines
Related Articles

What You Need to Know About Investing in Multiple Cryptocurrencies
Filip Dimkovski
May 25, 2021

24Option Review: Account Types, CFDs, Safety, and More
Filip Dimkovski
December 23, 2024

The Difference Between Swing Trading and Day Trading
Andrew Moran
December 30, 2021
Can't find what you're looking for?
