archie
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Post by archie on Dec 26, 2016 5:58:37 GMT
It's more the tax position as you are taxed on all the rolled up interest as well as anything you then earn. Does this apply to UK investors only, or to EU based investors as well? I'm not familiar with EU tax rules, all the rolled up interest will be treated the same as any interest earned as it's all counted in the total interest earned figure. Edit : Just for context, this is relating to the FS platform sm.
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adrianc
Member of DD Central
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Post by adrianc on Dec 29, 2016 11:29:49 GMT
Does this apply to UK investors only, or to EU based investors as well? I'm not familiar with EU tax rules... As a rough rule of thumb, if the UK rules differ from "the EU rules", then it's because countries are free to set their own rules, so there are no "EU rules", just 28 different countries having their own rules. The UK - contrary to popular opinion - is not some special case.
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Post by stevefindlay on Dec 30, 2016 21:22:30 GMT
I am looking to open an account with another provider to diversify and spread risk, I have accounts with Lendinvest, The Housecrowd, Assetz, Octopus, Rate Setter, Funding Circle and Zopa What does the board recommend please? - if you are looking for some more hands-off (to compliment your hands-on investments), you may like to take a look at our platform BondMason. Our clients use our autobid function, to enable them to easily create a diversified exposure (50+ positions) to returns from hand-selected loans from the approved (and diligenced) P2P lending platforms. Happy to answer any questions you may have about our service: invest@bondmason.com
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