Premium Charge Question

I'm no expert but it would seem to me that winning a further £6k would make the liftime profit £16k and hence as £6k is less than 50% of £16k it could incurr the PC.

But what I think you were asking is, is a bet which wins and at the time represents more than 50% of lifetime profits always exempted ?
I would guess that the answer is no and if you continue to accrue profit then you are just delaying the PC on the big win until it represents less than 50% of lifetime profit.

Escapee is correct.
I asked a similar Q a few months ago and was given the same answer.
If you keep making a profit eventually the 6k win will be less than 50% of gross profits
so it is only delaying the payment.

Angela, I asked my account manager this exact question a few months ago and he took a few days to find out and make sure the answer is correct.

Basically when the charge is calculated each week, the question is asked 'does any single win constitute more than 50% of Gross PL?' and if the answer is YES, this figure is excluded from that week's calculations.  (This is not a quote from BF, please do not take this as BF's words and seek clarification from BF before taking this as gospel, etc etc).  Some comments from me:

1) To answer part a) of your initial question, no it would not become exempt in that example as it has to be over 50% of the NEW Gross PL not the previous one.  So if you are up 10k and win 6k, you are now up 16k and the 6k is less than half.

2) To answer part b) of your initial question, no it does not become exempt forever, it becomes exempt until such time as it goes under 50% of your Gross PL.  Remember that you still only pay the smaller of your WEEKLY charge and your LIFETIME charge, so you won't suddenly get hit with a massive bill when it creeps under 50%, but you will likely then be paying PC on any winning week for the foreseeable future, though not inevitably, depending on your pattern of wins & losses of course.