Loopholes in the Stamp Duty Property Tax in the UK

Posted in April 30th, 2010
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The UK government (or any government for that matter) is always looking for a way to subtly take from the rich and give to the poor. In 2003, the UK government implemented a property tax called Stamp Duty, whereby property buyers have to pay a certain percentage of their house’s purchase price to the government. For more expensive property purchases of over £250,000, buyers are required to pay a 5% stamp duty. This works out to a substantial amount of money which has resulted in property buyers finding loopholes by which to avoid paying this tax. Yes, they do exist, and if you’re looking to purchase property in the UK any time soon, then here’s how you too can avoid paying Stamp Duty property tax – legally.

1. Create an SPV

SPV stands for Special Purpose Vehicle and basically refers to a small company or trust that is set up with your house as its sole asset. In order to avoid paying property tax on your house which belongs to your new “company”, you simply purchase all the shares available from your company and therefore indirectly own its sole asset – your house. This is a simple way of getting around paying Stamp Duty and is perfectly legal. More and more industry professionals and property developers are using this method to avoid paying massive amounts tax on property valued over £250,000. The only tax you have to pay on your shares purchased is a measly 0.5% which is required by law when purchasing company shares.

2. Purchase land, not property!

Another way in which property enthusiasts are avoiding the payment of property tax is to purchase land and then build property on the land, instead of purchase property. Stamp duty property taxes only refer to the purchase of property and not the building of property. More and more people around the UK and going this route when it comes to purchasing a new house. Not only do you save on property taxes, but you also get to build your very own style of house. Many construction companies around the UK are using this as a method by which to attract business. Construction companies are purchasing large amounts of land, and then selling the land to prospective buyers with an agreement to build the houses for them, which obviously results in business for the construction company as well as a the avoidance of property tax for the customer.

 

As mentioned before, there is nothing illegal in the way the above loopholes are carried out. These are simply ways in which property buyers are manipulating the law in order to benefit themselves. Obviously, authorities are aware of the loophole and will no doubt correct the issue as soon as possible, but for now, there are ways and means to get away with paying property tax.

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About the Author:
Writing on the state of london property
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Forex Secret Agent – is the Forex deck stacked?

Posted in April 30th, 2010
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Like it or not, Forex trading is like walking into a Vegas casino and slapping your month’s paycheck down on red 17. At least that’s how most people trade. It’s gambling. There’s no other way to describe it. But it’s not just gambling. If you’ll excuse me being a little impolite, it’s stupid gambling. If that’s how you’ve been trading, you’ve been giving the house a license to steal your money. You’ve been suckered. The deck IS stacked against you, but you’ve been playing along as if you don’t care.

The good news is that you can change the game.

Do you want to change the game? Flip the odds so YOU get to win most of the time? Then you need to see this sneak peek of what’s coming. And make sure to sign up for the next video that proves this is real:

==> Visit Forex Secret Agent Website

Like I said before, most people who try to trade Forex treat it like a game of Roulette. That’s insane. It’s the favorite game of casinos for a very good reason – the house always wins in the long run. You can bank on it…and they do. The odds of losing at Roulette are insanely high. But there’s another game where you actually have a strong chance of winning if you have a consistent betting system and some patience. That’s BlackJack.

Your odds of winning at BlackJack can be much better than a coin toss, relatively speaking. You really can beat the house. Not on every hand, but in the long run.

Forex Secret Agent turns Forex trading into BlackJack for you.

The reason is simple. The software acts like a spy inside the professional Forex market. It senses when the market is going to turn, and lets you position yourself to make a killing on that information. It’s based on a proven system that depends ONLY on price action. That’s tremendously important. Any other technical analysis is fine, but price action is ALWAYS the most reliable.

And what’s truly amazing about this is that the software does NOT trade for you…which is exactly what you want!

Trading robots are software that trade for you. Sounds great, but the bad news is that those robots tend to fizzle out, and the pros can actually catch onto the fact that you’re using one. Then they’ll rob you blind.

Forex Secret Agent is different.

I can’t share all the details in this article, because it’s not quite public yet.

What you CAN do right now is watch their video to get a bit of a sneak peek at what’s coming.

==> Visit Forex Secret Agent Website

That’s just a hint of what’s up next, though. You most certainly want to sign up for the next video. That’s the one that proves how great Forex Secret Agent is.

I bet right about now you’re starting to be a little skeptical. So was I until I saw what these guys will let you do. Really, they’re already using Forex Secret Agent to infiltrate the Forex markets and make a killing.

There’s no reason you can’t do the same.

==> Visit Forex Secret Agent Website

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About the Author:
Rob Trader – Forex Expert http://tradingtoollist.co.cc/
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