You generally pay tax only on the returns you withdraw, not on the amount you originally invested. Tax rules depend on your country of residence, so always check with your local tax authority.
How taxation works
With Go & Grow, taxation is typically based on the returns you earn, not the money you invest.
This means:
- The amount you invest (your principal) is usually not taxed when withdrawn
- Any amount you withdraw above your total invested amount is considered returns and may be taxable
Example
- You invest €1,000
- You withdraw €1,000 → this is your original investment → not taxed
- You withdraw more than €1,000 → the extra amount is returns → may be taxed
Important to know
- All payments made into your Go & Grow account are treated as one combined investment, even if you deposited money in multiple transactions
- It does not matter when or how often you added money to your account
Your responsibility
You are responsible for:
- Declaring your income correctly
- Paying any applicable taxes
Taxation depends on your individual situation, including your country of residence.
Go & Grow does not provide tax advice, so we strongly recommend consulting a qualified tax advisor if you are unsure.
Where can I find my tax report?
You can find your Go & Grow tax report on the Reports page in your Go & Grow account.