Closed curtailment closed 2 months ago
The margin-trading branch now includes the new transaction types below, see https://github.com/BittyTax/BittyTax/commit/a19e44d6812f2b18e7e8f60e63394fc1ce7ac6a5.
Loan
- amount you have borrowed as a loanLoan-Repayment
- the repayment in part of full of the borrowed amountLoan-Interest
- any interest payments on the amount you have borrowedBoth Loan-Repayment
and Loan-Interest
result in a disposal if payment is in crypto.
Looking for beta testers :)
Closing this issue now that the margin trading branch has been merged into master.
I believe we should add transaction types for borrowing assets (i.e. taking out a loan) and associated events for repayment and interest accrued (payable) on the loan.
There are many scenarios that this would be useful:
I may suggest naming the events as:
Loan-Received
not a taxable event, similar to Gift-ReceivedLoan-Repaid
I don't think this would be taxable either, may be implemented similarly to Gift-SpouseLoan-Interest
orInterest-Payable
to tell the accounting system that the outstanding loan amount has increased.