If the fee is non deductable the returns are not worthwhile except for a non taxpayer or a company.
Just wish I understood assetzcapital provision fund rules. ZOPA+ it’s time To DELIVER ON ESTIMATES. RS, will I see 6% again? FS, gone but not forgotten - nor is the art work. FC, love that extra 1.25% i’ll Get from sellers. LW - 6.5% to 5.4% - you just crushed my dreams. P2P, pear shape to pear shape?
Is it just me? I can view my statement online but I don't see a download option and as soon as I try to print it/save as PDF it gets totally mangled as it overlays the menus on the left on top of the statement....have tried in chrome and edge so have to conclude it's not a browser issue...
It cuts and pastes into word OK using Chrome, but it won't print directly. It could do with a proper Title, saying it's from BondMason as well! I'll have no clue what it was in 6 months time (when I get round to doing my tax).
Oh that's weird, just gone in again and it's still mangled but further down so I can at least read the pertinent figures now...Hmm think I'll save a copy now and see if I get anything more worth printing later!
Noted that it would be useful to have a Downloadable format, which includes a BondMason header etc.
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I’m rather surprised by the inconsistency between BM’s reporting of defaults and the way the same loans are reported on the underlying platforms. BM show no write-offs for me and the tax statement doesn’t even mention defaults, but my defaults include the Prestbury and Birkenhead loans on MT which that platform has said are allowable against tax.
Silly question time but there's been lots of talk over on the collateral board about the fact that they were not an approved 36H P2P platform and thus lenders are not permitted to offset defaults/bad debt against income/recoveries and must instead offset it against any available capital gains losses elsewhere. Is this an issue for BM lenders? Will it become an issue for BM lenders as BM persists in moving to direct lending? Or is fit that only defaults/bad debts on loans to approved 36H platforms are included on the BM tax report?