johnfleet
Member of DD Central
Posts: 170
Likes: 85
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Post by johnfleet on Apr 14, 2017 3:39:05 GMT
They slipped that in without any fanfare! Not yet complete apparently but I think it will suffice for me. One anomaly - the interest on the tax statement does not match the "Last 12 months Interest Earned" shown at the top of the dashboard when I made a note of it on 6th Apr, thinking that this was the only clue I was going to get for my tax return. ditto for me = but hey, let's not quibble over the odd few quid - in the grand scheme of aggregated income return to HMRC it's small beer - but it is odd that it doesn't match exactly....
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mason
Member of DD Central
Posts: 662
Likes: 640
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Post by mason on Apr 14, 2017 6:19:27 GMT
They slipped that in without any fanfare! Not yet complete apparently but I think it will suffice for me. One anomaly - the interest on the tax statement does not match the "Last 12 months Interest Earned" shown at the top of the dashboard when I made a note of it on 6th Apr, thinking that this was the only clue I was going to get for my tax return. ditto for me = but hey, let's not quibble over the odd few quid - in the grand scheme of aggregated income return to HMRC it's small beer - but it is odd that it doesn't match exactly.... Mine was slightly higher on the website. I put that down to some instant returns being mis-categorised.
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littleoldlady
Member of DD Central
Running down all platforms due to age
Posts: 3,017
Likes: 1,835
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Post by littleoldlady on Apr 14, 2017 6:46:10 GMT
They slipped that in without any fanfare! Not yet complete apparently but I think it will suffice for me. One anomaly - the interest on the tax statement does not match the "Last 12 months Interest Earned" shown at the top of the dashboard when I made a note of it on 6th Apr, thinking that this was the only clue I was going to get for my tax return. ditto for me = but hey, let's not quibble over the odd few quid - in the grand scheme of aggregated income return to HMRC it's small beer - but it is odd that it doesn't match exactly.... Agreed. I will report what Abl say whether it's exactly right or not. Quite a big negative figure for me. Have I just been unlucky or done insufficient DD? The sliver of silver lining is that it will reduce my tax bill incurred from other platforms where I have been more successful.
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stevio
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Posts: 2,065
Likes: 894
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Post by stevio on Apr 14, 2017 6:53:05 GMT
ditto for me = but hey, let's not quibble over the odd few quid - in the grand scheme of aggregated income return to HMRC it's small beer - but it is odd that it doesn't match exactly.... Agreed. I will report what Abl say whether it's exactly right or not. Quite a big negative figure for me. Have I just been unlucky or done insufficient DD? The sliver of silver lining is that it will reduce my tax bill incurred from other platforms where I have been more successful. Its the only default on the platform out of about 20 other loans
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blender
Member of DD Central
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Post by blender on Apr 14, 2017 8:00:18 GMT
ditto for me = but hey, let's not quibble over the odd few quid - in the grand scheme of aggregated income return to HMRC it's small beer - but it is odd that it doesn't match exactly.... Agreed. I will report what Abl say whether it's exactly right or not. Quite a big negative figure for me. Have I just been unlucky or done insufficient DD? The sliver of silver lining is that it will reduce my tax bill incurred from other platforms where I have been more successful. You were unlucky. I was lucky this time because I sold mine on the SM. The fault lies with the borrower, and maybe Ablrate's assessment of the borrower - we shall see. Look forward to taxable recoveries. As a percentage of the loan book this loss is small, but that does not help if you hold a chunk. I have a big chunk of an FC E loan which must be declared a loss shortly.
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