Originally Posted by
Tobias-UK
Yes, you've got that right. Whatever status you have on the last day of your current collection year that status will be renewed for the next collection year - even if you didn't collect the required TPs for that renewal. Once you start the next collection year (2021/2022) you must earn TPs to renew but at the 25% reduced rate.
What about the remainder of your current year? Does the 25% reduction apply to that as well as the next year?
my year end is November. Does that mean if I hit 3750 this year I get GGL and then next year I only need 2250 to retain for the following year?