Not much to elaborate on, the premium charge catches people from all styles of gambling, not traders and particuarly not arbers... arbers will basically never pay it.
Not much to elaborate on, the premium charge catches people from all styles of gambling, not traders and particuarly not arbers... arbers will basically never pay it.
You'll have to crunch the numbers yourself, it could well bring you into the pc. 42% might mean one big win brings you in normally even without trading.
You should be able to work out how much you can win before you start paying and work from there.
You'll have to crunch the numbers yourself, it could well bring you into the pc. 42% might mean one big win brings you in normally even without trading.You should be able to work out how much you can win before you start paying and work from there.
Will this possibly mean i may start to pay the PC as i believe its mainly catching arbers & traders in the net?
Anyone who is reasonable successful over a prolonged period will probably pay the premium charge eventually now that the £1,000 allowance does not decay.
Will this possibly mean i may start to pay the PC as i believe its mainly catching arbers & traders in the net?Anyone who is reasonable successful over a prolonged period will probably pay the premium charge eventually now that the £1,000 allowance
This depends on what type of trading you will do and if you're any good at it. If the premium charge was mainly for traders it would have been easier to simply charge per trade.
This depends on what type of trading you will do and if you're any good at it. If the premium charge was mainly for traders it would have been easier to simply charge per trade.