What is Stamp Duty and how is it calculated? Stamp duty is a tax paid by people buying property, although it varies slightly across the UK. In England and Northern Ireland buyers pay 'Stamp Duty Land Tax' (SDLT). In Scotland it's 'Land and Buildings Transaction Tax'. ...
How muchstamp duty you pay on commercial propertywill depend on where the property is and whether you are eligible for concessions. Land Stamp Duty Land Tax is calculated on the purchase price as a percentage. Different rates apply depending on the type of property, the location of the pr...
Slack Investor is not really much of a cold season traveller but he is here in the UK for some family business. England in winter is pretty grim with short days and cold weather. However, there is joy in slipping into a great English pub with a fire going and conversation everywhere. Ex...
While the interest rate doesn’t reflect the added cost of any fees, the APR does. This means the APR on Loan A will be higher than on Loan B, showing you which loan is cheaper overall. The APR is a standardised way of showing the cost of borrowing, which allows you to compare prod...
In CFD trading, you enter into a contract with a CFD provider to exchange the difference in the price of the underlying asset between the contract’s opening and closing. Profit or loss is calculated based on the change in price.TaxationIn some countries, spread betting is treated as a ...
1 on UK shares. As such, a £200 account balance would allow you to trade £1,000 worth of stocks. An additional advantage of going the CFD route is that you will be able to short-sell a company. For example, if you thought that the value of BT shares was due to go down, ...
and the rate of interest charged by the broker is 5%. The daily financing cost for the position is calculated by working out the total value of the position at market close ($10,254) and charging interest at the applicable annual rate then divided by 365. In this instance, the interest ...
If your bond fund is domiciled in the UK then reporting status and withholding tax isn’t an issue. Index-linked Gilt ETF vs Index-linked Gilt Fund taxation Some UK-based index-linked gilt funds are exempt from income tax on the inflationary component of interest payments. ...
A certificate of origin document is an important document used in global trade to confirm the country of origin of where the goods have been manufactured or processed. The document is used when the country of export and the country of import have a current Free Trade Agreement (FTA) in place...
There is no seller stamp duty or loan restrictions making Singapore and increasingly popular city for investors.— MEDICAL TOURISM: As the demand for medical tourism increases throughout the world, Royal Square is poised to capitalize on the demand especially given Singapore’s reputation for well-...