Love the app and the service but there is one problem that I haven’t found a solution yet, and that is tax reports. Every country probably needs different information. I received my tax report, but I can not use the information provided.
The thing is all the information already exists in the History section of the app/web (except the dividend tax which I read you will be adding).
So my suggestion, if not mentioned before, an export option in the history section, after applying the time filters desired (probably the previous year) with all the information in a formal pdf that can be used for tax purposes.
This should be something that they will need to take in consideration eventually. Every big broker provides financial statements for tax forms.
I guess that now they are a bit occupied with the back end structure and new updates coming up. Lets hope that after everything passes (even this virus) they would start implementing a solution for financials
As a new user I was surprise how basic the history was (barely any filters) and that no export was available.
How do people even keep track of what they have to report for tax reasons?
Let’s hope for improvements the updates may bring.
We need the option to download an official holdings / trading history in PDF, that is customisable to view only specific holdings on the report as at a specific date.
I have been unable to claim some investor perks because I am not currently able to receive what essentially is an official report to prove my holding as of record date.
Agreed - I think it’s one of the most basic features a respectable broker should provide. Take a look, for instance, at IBKR - how nicely they offer this and more. Recently the inactivity fee was removed from IBKR and now the only real thing keeping me at t212 are Pies and fractional EU/UK shares (IBKR only has US fractionals) and, of course, the inability to move my assets to another broker without selling and rebuying.