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On the Premium Charge page, has the Total Charges already been divided by 2 for the purposes of PC calculation.
What I mean is that if total charges are £10k, would you, then be liable for PC when you hit £50k profit,
or would the total need to be divided by 2 first & therefore meaning £5k & thus PC liable at £25k profit.
What I mean is that if total charges are £10k, would you, then be liable for PC when you hit £50k profit,
or would the total need to be divided by 2 first & therefore meaning £5k & thus PC liable at £25k profit.
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ok cheers, so total charges should be 20% of your profits? - if you've not hit the 250k threshold of course
yes but you have to win 250,000 net..ie less the charges.
Does the premium charge tab appear for you salmon? It appears from me when my charges are less than 50% of gross profit. The net profit figure is a good bit higher than the money I've withdrawn, so if you are the same prob about 40 years 
Yes it's been there for years but I vary between 28 and 40% of winnings paid in commission and will be about 140 before I get over £250k unless I up my stakes or get VERY lucky. Obviously unlike some I have other sources of income
Commission shown in total charges on the portal is the commission generated, not the commission paid; and comm paid is normally higher than that generated, so a bit misleading in telling you how much you've coughed up.
I think my current charges paid is around 35%. Obviously I have a net profit which is quite a bit lower than my gross profit. I've assumed I won't pay PC unless that figure goes below 20% ( unlikely ) or I make a net profit of £250k overall (highly unlikely).
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