A clearer view of your annual earnings and tax obligations.
As tax season approaches, we want to ensure that reporting your income from Afranga is as seamless and transparent as possible. We are pleased to announce that your 2025 Tax Statement is now available for download. You can access your reports immediately by logging into your account and navigating to Profile > Settings > Tax Statements.
Whether you are filing for the standard calendar year or require a custom reporting period, our updated reporting tool provides a comprehensive breakdown of your account activity, income types, and withheld taxes.
Here is everything you need to know about accessing and understanding your statement.
Accessing Your Report
To make things easy, we have already done the heavy lifting for the standard tax year:
- Pre-generated 2025 Report: A complete statement covering 01.01.2025 to 31.12.2025 is waiting for you in your account profile.
- Custom Date Selection: If your fiscal year does not align with the calendar year, you now have the flexibility to generate a custom report. Simply select a starting month and year, and the system will automatically generate a new statement covering the subsequent 12-month period based on your selection.
What’s Inside the Report?
The Tax Statement is divided into two distinct sections designed to give you both a high-level overview and granular details required for tax authorities.
1. The Account Summary (Page 1)
The first page provides a consolidated view of your account’s performance for the selected period. It includes your Full names, Address, Investor ID, Reporting Year, and a summary table detailing:
- Opening & Closing Balance: A snapshot of your funds at the start and end of the period.
- Net Flows: Total deposited and withdrawn funds.
- Income Breakdown: A clear separation of earnings into:
- Income from interest received
- Income from late interest received
- Bonuses
- Income/loss from secondary market discounts/premiums
2. The Detailed Appendix (Page 2+)
For investors who need to declare income based on the source country, Appendix No. 1 provides a detailed breakdown of income earned by Borrower Country and Income Type.
This section is organized by the Loan Originator (e.g., Stikcredit, Lendivo, Credirect, Swiss Funds, etc.) and includes:
- Gross Amount: The total interest earned before tax.
- WHT Percentage: The specific Withholding Tax rate applied (e.g., 10%).
- WHT Amount: The exact amount of tax withheld at the source.
- Net Amount: The final income received after tax deductions.
Understanding Withholding Tax (WHT)
As noted in the statement, interest income received through the Afranga platform is subject to Withholding Tax (WHT) at the Borrower’s country of tax residence.
- Paid at Source: The loan originators handle the complexity of applying and paying this tax at the source as required by law.
- Net Income: The returns you see in your account are generally the net income after this tax has been deducted.
- Tax Credit: Depending on the tax laws in your country of residence, you may be able to use the withheld tax shown in the Appendix as a tax credit to reduce your local taxable income.
Important Note
Please remember that the information provided in the Account Statement is for informational purposes only. Afranga does not provide tax or legal advice. Tax laws vary significantly by country, and income must be declared in accordance with the laws applicable to your specific tax residence.
If you have questions regarding your specific tax obligations or how to apply for tax credits, we recommend consulting a certified tax advisor or your local tax authority.