What gets reported, is my data safe, and will it cost me money?
What we report. Once a year, we may send details to HM Revenue & Customs (UK accounts) or Skattestyrelsen (Danish accounts). We only do this if you are tax resident in a country covered by the rules. The details usually include your name, address, date of birth, tax residency, tax number, account number and account balance at the end of the year. Tax authorities may share them with your country of tax residency.
Who doesn't get reported. If you are tax resident only in the UK and your account is with our UK company, you aren't reported under these rules. The same applies if you are tax resident only in Denmark and your account is with our Danish company. Even if you aren't reported, we still need your tax details.
Your data. We don't sell your data or share it with advertisers. We share it only with tax authorities when the law requires it. See our privacy policy.
Your taxes. This doesn't create a new tax or change what you owe, and Moneff doesn't deduct tax from your payments.