Jan 13, 2025 -- 1:19PM, Lazza7 wrote:
anyone had it taken out yet?
No sign yet.
Jan 14, 2025 -- 10:41AM, AccessViolation wrote:
Thanks Latalomne,it doesn't seem to exist for me. Is anyone ese having issues?
Oddly I can't see it either. Though it appears on the drop down list if I'm on "My Profit and Loss".
Not that I'm paying it any more.
Jan 15, 2025 -- 12:48PM, CLYDEBANK29 wrote:
mine does say the fee rate "next week" will be 20%, so that does suggest if I was below £25k at the start of the week and won a bundle in the current week taking me over £25k it wouldn't apply to the bundle I won in the current week.
I was under the impression that it depends if you've ever paid PC before. If you have, then you would pay this fee straight away (even if you were below the threshold starting the week), but if you haven't, then you get the week fee free. Anyone got clarity on this?
Jan 15, 2025 -- 10:21PM, Rico-Dangleflaps wrote:
just a supposition but surely if you started this week on +£1000 last 52 weeks and won £25,000 this week you cant be expected to pay 20% of the £25,000? it must have to be what your last 52 weeks profit is at the beginning of that week?
What happens if I qualified for Premium Charge in the past?
If you have previously qualified for Premium Charge but no longer meet the criteria for the Expert Fee, you will automatically be moved to the 0% rate.
If you have previously qualified for Premium Charge and do meet the criteria for the Expert Fee, you will automatically be moved onto the Expert Fee pricing structure from 6th Jan 2025. You will not receive further notification via email.
Any first week goodwill reversal and higher rate grace periods will not apply if these were availed of during the time the Premium Charge was in effect.
Jan 16, 2025 -- 4:02PM, swiftynifty wrote:
week 2 started out on 20%, even though won £5000 to go over the threshold still only paid £1000 in comm/expert fee combined so 20%, rate rise taking effect the following week(3).
I see what you're saying.
So they set your rate for the coming week at the start of that week based on the last 52 active weeks?
Therefore in Rico's example the new account holder winning £26k would not pay any fee that week, but would start paying 20% on any gross profits from the following week.
Jan 20, 2025 -- 12:23PM, DixiEnormus wrote:
1ST day of expert fee payment (not taken my fee yet)
First day was last monday. Expert Fee payment was taken around 5pm.
Jan 20, 2025 -- 2:51PM, DixiEnormus wrote:
Say for example you are on 20% expert fee each week,
Jan 21, 2025 -- 7:00PM, swiftynifty wrote:
win 150 lose 60 (40%) = 90win 100 lose 20 (20%) = 80Half as much work again for only 12.5% extra.Kind of kills off ambition.
Even worse:
Win 130 lose 52 (40%) = 78
Win 100 lose 20 (20%) = 80
Might as well take the first 3 months off FFS.
Jan 21, 2025 -- 7:43PM, swiftynifty wrote:
definitely a big flaw, any biggish win could mess a few people up. I'm guessing they think it's a way of capping above average winners to keep more
Jan 27, 2025 -- 2:09PM, DixiEnormus wrote:
make sure you have a small bet or lay each week. Do not just have several weeks off you need to be active.
Absolutely. And commission generated needs to be greater than £0 too.