n
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Post by n on Apr 9, 2017 14:42:52 GMT
Do LendInvest usually provide a tax statement or just leave us to aggregate the monthly ones?
Whilst it is a pretty trivial task I think it would be 'nice' to have an official looking pdf in my tax folder.
I wasn't a member this time last year and am wondering if maybe it was a feature of the old website which hasn't carried over.
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archie
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Post by archie on Apr 9, 2017 14:51:27 GMT
Do LendInvest usually provide a tax statement or just leave us to aggregate the monthly ones? Whilst it is a pretty trivial task I think it would be 'nice' to have an official looking pdf in my tax folder. I wasn't a member this time last year and am wondering if maybe it was a feature of the old website which hasn't carried over. Last year it was available.  When I asked a while ago they said it would be available by this April. I asked again a few days ago and was told they didn't have a date for availability but the tech team are working on it. It's slightly complicated as data from both systems is required for this year.
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n
Member of DD Central
Yet another Nick
Posts: 880
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Post by n on Apr 9, 2017 16:38:59 GMT
Do LendInvest usually provide a tax statement or just leave us to aggregate the monthly ones? Whilst it is a pretty trivial task I think it would be 'nice' to have an official looking pdf in my tax folder. I wasn't a member this time last year and am wondering if maybe it was a feature of the old website which hasn't carried over. Last year it was available. When I asked a while ago they said it would be available by this April. I asked again a few days ago and was told they didn't have a date for availability but the tech team are working on it. It's slightly complicated as data from both systems is required for this year. Thanks Archie. I will wait patiently with bated breath.
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Steerpike
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Post by Steerpike on Apr 24, 2017 8:22:04 GMT
I raised this again and the response today was:
"Tax statements for the 2016-17 tax year will be available by the end of this week. When the statements become available, you will be able to access them by navigating to your LendInvest account and selecting the 'Statements' section. Here you will be able to download a PDF."
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archie
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Post by archie on Apr 26, 2017 6:41:03 GMT
I raised this again and the response today was: "Tax statements for the 2016-17 tax year will be available by the end of this week. When the statements become available, you will be able to access them by navigating to your LendInvest account and selecting the 'Statements' section. Here you will be able to download a PDF."Tax statement is now available.
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Post by Deleted on Apr 26, 2017 16:05:38 GMT
Hmmm, my tax amount for the month Oct 2016 (ie spanning the system cutover date) looks wrong, about double what it should be
Anyone else seeing a similar issue?
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Steerpike
Member of DD Central
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Post by Steerpike on Apr 26, 2017 16:10:54 GMT
Hmmm, my tax amount for the month Oct 2016 (ie spanning the system cutover date) looks wrong, about double what it should be Anyone else seeing a similar issue? Same here, isn't that when the system was replaced? There are only 11 months of interest shown May16 - Mar17, so perhaps the total is correct? I think that they moved from interest on 1st of month on the old system to end of month on the new system so that makes sense.
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archie
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Post by archie on Apr 26, 2017 17:16:09 GMT
I noticed the October effect but the overall totals do appear to be correct. I withdraw interest and the figures more or less tally (slightly more complicated as loans which repay leave their interest on the platform).
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Post by Deleted on Apr 27, 2017 9:52:52 GMT
I think that they moved from interest on 1st of month on the old system to end of month on the new system so that makes sense. That would explain it!
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