oldgrumpy
Member of DD Central
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Post by oldgrumpy on Mar 7, 2016 17:50:50 GMT
Today Funding Knight has announced that a further reduction in fees for selling in the secondary market has been made. 0.25%. This now matches Frosty Cornflakes charges. Thank you FK  |
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Steerpike
Member of DD Central
Posts: 1,961
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Post by Steerpike on Mar 7, 2016 17:54:47 GMT
Today Funding Knight has announced that a further reduction in fees for selling in the secondary market has been made. 0.25%. This now matches Frosty Cornflakes charges. Thank you FK Tempered somewhat for me by the three warnings of late payments that preceded it!
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shimself
Member of DD Central
Posts: 2,561
Likes: 1,170
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Post by shimself on Mar 8, 2016 13:45:58 GMT
Today Funding Knight has announced that a further reduction in fees for selling in the secondary market has been made. 0.25%. This now matches Frosty Cornflakes charges. Thank you FK You can thank me - I had a major weed and selloff a fortnight ago
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bababill
Member of DD Central
Posts: 525
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Post by bababill on Apr 26, 2016 3:53:43 GMT
I posted this on another general thread but as it specifically applies to Funding Knight thought would also post it here.
The tax issue of buying on secondary markets i.e. buying at a premium on sites needs to be highlighted again and again. I should have known/remembered I can not deduct the seller premium fees.
On F.K. I have bought a sizeable amount at a premium. On the dashboard page and the income page vs the tax report it shows a 30% percent difference.
Example, dashboard (no capital losses fyi) shows net income of £800 yet tax report shows £1050. Big difference imho.
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