LEONISLesson 11
Taxes and costs
Gains are taxed
In Germany gains and dividends are subject to a flat tax. Up to the saver's allowance (currently €1,000 per year) your gains stay tax-free.
Costs reduce returns
Fees and spreads cost a little on every buy and sell. Watch them, especially when trading often.
Test yourself: you answer the quiz questions for this lesson in the app under Learning.