[Missing money] On my Invest account my current balance is 0 since I withdrew all the funds. However I noticed that my returns + dividends comes to £565.43. But my depsoits minus withdrawals only comes to £518.84. Leaving a shortfall of £46.59. Where’s the remaining funds! It can’t be exchange …

[image] UKtradesman: It can’t be exchange rate because the returns and dividends are already in GBP. Do you mean that you only bought from the LSE? In that case you should consider the stamp duty for all your transactions in your calculation. Check that and see what difference you have left. …

Stamp duty already comes out when you buy a share. So again it should already be in the returns. Returns should be after currency exchange rates and stamp duty. Besides. Stamp duty is only 0.5% of each share. But I’m missing 8% of my returns+dividends!

[image] UKtradesman: Stamp duty already comes out when you buy a share. So again it should already be in the returns. Well, actually as I understood from another post not, because are costs on your transaction so they are not counted on the profit from buy and sell price. [image] UKtrades…

[image] Francesco: If the answer is yes, count the stamp duty and see the difference, and wait for the answer to your ticket because most probably 0,5% doesn’t make the difference you have. Actually I just checked your math and it could be that as well. If you count 0,5% of stamp duty on 8280…

Yes but as I said. The difference is 8% which is huge!!! The returns on sales of shares already comes after exchange rate conversions, I’ve checked. The point is all of these should have already been factored into the returns.

[image] UKtradesman: Yes but as I said. The difference is 8% which is huge!!! Yes but that 8% it’s not the calculation you need: 8280 deposited + 11,98 dividends + 553,45 profit = 8845,43 you withdrew 8798,84 so you have difference of gain of 8798,84 - 8845,43 = -46,59 which is the 0,56% on…

I already said stamp duty is on the purchase of shares. It’s done before the calculation of your return. A return is your bottom line remember. They show you the stamp duty at the time of each purchase [image]

As I told you, you can see it, and it’s counted on the total cost when you buy the shares. But it’s not counted in the profit (Average buying price - Selling price). I don’t know how to explain it anymore so I give up. Wait for the answer from the team on your ticket with their answer about it. …

[image] Total Return in the App 🤝 Help No It reflects only realised profit/loss. So, in your example - 3k.

Account is missing cash on returns & dividends

🤝 Help

Doydoy June 11, 2020, 11:59am 10

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Account is missing cash on returns & dividends

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