david42
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Post by david42 on Aug 13, 2017 18:02:21 GMT
I have summaried the calculation below that shows how a £1,000 gift to charity via gift aid costs a 60% taxpayer £500 and it is worth £1,250 to the charity. What is a 60% taxpayer? The personal allowance tapering rules mean that a taxpayer with an adjusted net income between £100,000 and £123,000 loses 50p of the personal allowance for every £1 of extra income. This creates an effective marginal tax rate of 60% Gift Aid Example £1,000 Taxpayer gift to charity via gift aid £1,250 gross value of the gift because Charity reclaims 20% basic rate tax (=taxpayer gift/0.8) £ 250 Higher rate tax reclaimed by taxpayer (=gross value of gift * 20%) £1,250 reduction in adjusted net income (=gross value of gift) £ 625 increase in personal allowance (=50% of reduction in adjusted net income) £ 250 tax saving from increase in personal allowance (=40% of increase in personal allowance) Reference The attached article explains the interaction of gift aid and the personal allowance tapering rules. link
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david42
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Post by david42 on Aug 12, 2017 21:57:03 GMT
Where did the Edit button in Auto Invest section go? Hope it's only temporary and they will bring it back soon. I asked the question yesterday. Mintos replied today:
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david42
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Post by david42 on Aug 11, 2017 18:38:39 GMT
... So here it is, some custom uBlock Origin rules, hand written by myself. Tested on Firefox 54.0 with uBlock Origin 1.13.8 only. This will probably work with Chrome and uBlock Origin and maybe other browsers with uBlock Origin as well but I'm too lazy to test. ... Yes. Thank you Ribs. I have been using your rules on Firefox / uBlock. The forum screens works much better with these rules. The screen used to keep jumping about using ublock without these rules. It is just a shame that proboards could not find a less intrusive way of managing adverts then I would not need to block them at all.
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david42
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Post by david42 on Aug 8, 2017 8:33:19 GMT
Thanks for your replies. I do understand all P2P is high risk. What i was trying to say is regarding picking and choosing loans how do people tend to assess risk. What are the least probable loans to default. What are the key things to look out for? Thanks Simple question, but there is no simple answer. The whole of the P2Pindependent forum exists to try to answer this one question. Some of the things I look for are: Loan quality- what information is provided for each loan? - does the borrower's plan make sense? Is the borrower likely to be able to pay back the loan? - what is the security? How credible is the valuation of the security? Platform quality- Does the platform share loan details (eg Lendy) or do we need to trust the platform to assess the loans (eg Ratesetter) - Is the platform track record long enough and consistent enough to demonstrate default handling and provide meaningful recovery statistics (Eg Funding Circle) - What does the track record of existing loans tell me about the quality of the platform selection of loans, administration of charges, management and reporting of existing loans, management of troubled loans.
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david42
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Post by david42 on Aug 5, 2017 14:17:00 GMT
The previous thread for the same question is hereYou can use the search function in the blue menu area to find the previous discussion on the same subject and save unnecessary duplication.
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david42
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Post by david42 on Aug 3, 2017 7:23:33 GMT
has anyone tried to transfer existing cash ISA to IFISA? i have read the FAQ and just want to be certain that i can transfer part of my cash ISA to IFISA on ablrate?? It is too early to try today but we should be able to do this next week. From the Ablrate ISA FAQ section:
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david42
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Post by david42 on Aug 2, 2017 19:04:05 GMT
Does a 16% Amortising loan equate to an 8% loan? assuming that you do not reinvest? While some people might calculate the return as 8%, I consider a 16% amortizing loan is worth 16%. I exclude idle funds when calulating P2P return because the money is not at risk while it is not invested, and high P2P return is primarily rewarding us for putting our money at risk.
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david42
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Post by david42 on Jul 27, 2017 21:45:05 GMT
Instant returns have just been credited to my account.
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david42
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Post by david42 on Jul 22, 2017 20:49:28 GMT
Has this been announced anywhere separately to the lenders? The changes on this thread (bonus, cashback etc) should only start from August 1st, so it would be very surprising and certainly not something good to see a change of this nature back applied to us without even sending a message... From Lendy Support - "How can I cancel the sale of my loan part?" (updated 3 days ago) > I am not so confident that this rule has been implemented yet. As a test, I put a loan part up for sale a week ago, and cancelled the sale the next day. That loan part is now back in my loan parts list with an age of 8 months looking as if it had never been put up for sale. If the change had been implemented I would have expected to see a new loan part start the day I cancelled the loan. Unfortunately I will need to wait until until the month end interest run to see for sure whether a day's worth of interest has been subtracted.
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david42
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Post by david42 on Jul 22, 2017 11:32:21 GMT
Hey jonah just wondering if you've any plans to add Collateral to this - seems to me their SM may be one of the beneficiaries of the MT AE repayments, so might be interesting to watch? I think Collateral make this information available only to registered investors. Jonah's charts show only publicly available information.
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david42
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Post by david42 on Jul 15, 2017 18:20:41 GMT
stocks: 80% p2p: 33% bonds: 0% property: 0% cash: -13%
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david42
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Post by david42 on Jul 14, 2017 20:42:42 GMT
Did you get interest up to the repayment date? I have always received extra interest for the loans that repaid late.
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david42
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Post by david42 on Jul 13, 2017 12:59:01 GMT
sorry to report I still have a late loan due on 29/05. It does seem a little alienating when there has been no communication or update from TMP. Unfortunately I have a late loan that was due on 28/03, still with no communication or update from TMP. The large number of overdue loans are a big unknown risk for me on this platform. After investing here for 7 months I still don't know whether I am making a profit or a loss. More communication around what is going on with the late loans would definitely be appreciated.
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david42
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Post by david42 on Jun 30, 2017 20:31:39 GMT
Still waiting on my bonus - was approved on 14th June and invested the 5k the same day. It seems to me from some posts that others have received theirs' in under 2 weeks. Anybody else in the same boat? It is worth dropping them an email because you should have your bonus by now. Have you actually invested your £5k into a loan? Just putting the money into your Huddle account is not sufficient. I invested in a loan on 16 June and my bonus was credited to my Huddle account on 20th June.
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david42
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Post by david42 on Jun 29, 2017 18:33:32 GMT
People normally ask these questions after i have invested.So just checking can these buildings be put on the back of a lorry and have they had a tracking system fitted? Having worked in a modular office building, in my limited experience they are nothing like the portable cabins you get on building sites. The modules are integrated together to make a complete building. Installing or moving a modular building will be a significant cost, and theft of the buildings would take weeks, not hours, and it could only be done with the knowledge of the people working or living at the site. A site webcam would provide more appropriate assurance than a tracker.
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