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Compound InterestStamp Duty In The UK
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substantial fortune

• Is it enough to just invest to have a substantial
  fortune at the age of 50? For most people,
  planning is a big constraint they lack on. Good
  planning can turn even small investments into
  huge profits. Well try to demonstrate that to
  you with a comparison study.

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 compound interest

• As stated by Albert Einstein, compound
  interest is "The greatest mathematical discovery
  of all time". There isnt any scope of doubt
  about this genius mathematical masterminds
  comments. Unlike the calculus we studied in high
  school, compound interest has been applied to
  every step in our life and the ramifications are
  substantial.

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COMPOUND INTEREST TURN AGAINST

• When it comes to compound interest, the receiving
  end is the best side of the game. The other end
  of the compound interest is not so much fun.

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the alternative

• Take the same calculation from above and think
  that this time you are not the investor of direct
  lander but you are the borrower, and you borrow
  20,000 for 20 years on 5 annual compound
  interest rate. This will cost you 53,065.95 at
  the end of said 20 years. The loss here is some
  33,000.

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Stamp Duty In The UK

• Chancellor George Osborne said in his autumn
  statement to the parliament, just before the next
  coming general election, it is big bonus from a
  customer perspective and the regulations change
  regarding stamp duty will come into effect very
  soon.

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PREVIOUS RATES

• If you have exchanged contracts of property hand
  over on or before 3rd December and have finished
  formalities on 4thDecember or after that, you
  could choose to pay with whichever stamp duty you
  feel more comfortable with, the direct lenders
  before change one or the after change one.

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RESIDENTIAL PROPERTIES

• 0 if the property price is under 125,000
• 2 for the next 125,000
• 5 for the next 675,000
• 10 for the next 575,000
• 12 for the rest (above 1.5 million)

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FOR CORPORATE BODIES

• Stamp duty on residential properties which costs
  more than 500,000, and has been bought by a
  company or collective insurance schemes is
  charged 15.

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RESIDENTIAL LEASES

• If your residentially leased property is worth
  more than 125,000 then you will have to pay 1
  stamp duty on the on the amount which is beyond
  the 125,000 limit.

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• Thanks for watching
• More info- http//www.bfwggrants.co.uk/