1 / 15

# Instant Cash & Loans - PowerPoint PPT Presentation

\n4quickloans is not a direct lender, we are a free to use loan matching service. Loan terms, conditions and policies vary by lender and applicant qualifications. Late or missed loan payments may be subject to increased fees and interest rates. \n

I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.

## PowerPoint Slideshow about 'Instant Cash & Loans' - quickloans78

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.

- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript

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.

COMPOUND INTEREST TURN AGAINST

As stated by Albert Einstein, compound interest is "The greatest mathematical discovery of all time". There isn’t any scope of doubt about this genius mathematical mastermind’s 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.

compound interest

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. We’ll try to demonstrate that to you with a comparison study.

substantial fortune

Take the same calculation from above and think that this time you are not the investor ofinstant cash loansbut 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.

the alternative

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.

Stamp Duty In The UK

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 instant loans before change one or the after change one.

PREVIOUS RATES

0% if the property price is under £125,000 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

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)

RESIDENTIAL PROPERTIES

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%.

FOR CORPORATE BODIES

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.

RESIDENTIAL LEASES

Thanks for watching £125,000 then you will have to pay 1% stamp duty on the on the amount which is beyond the £125,000 limit.