FAQ
Frequently asked questions
Everything you need to know about NNS Tax Pro and UK Section 104 reporting for ICP.
Section 104 is the UK's default pooling method for cryptoassets. Instead of tracking each individual token, all identical tokens of the same kind are pooled together. Each acquisition adds to the pool at its cost basis, and each disposal removes a proportional slice. NNS Tax Pro applies this methodology to your ICP transactions to compute realized gains and losses in GBP.
Still have questions? Email support@nnstaxpro.com