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A third of homes that sell for more than £1 million have no stamp duty paid on the transaction, research suggests.

Source: One in three £1m homes have no stamp duty paid on sale

Spread betting is one of the most exciting methods of looking at share movements in various markets all over the World. Many say this is one of the best fastest ways of making money but this is also one of the fastest ways of losing money. There have been success stories and also sad stories in spread betting but more have won than lost. It has become a flexible and cost efficient alternative to trading ordinary shares for many investors.

 

The advantages of spread betting are as follows?

 

Profits are tax free.

One account gives you access to greater range of financial markets.

Stop Loss limits your risk.

No Stamp duty is payable (saving 0.5% compare to a traditional share purchase).

There is no fees or extra fees to be paid to any of the spread betting companies.

You don’t have to pay commissions either to spread betting company.

You can place your bets with relatively low initial outlay as they are are traded on the margin.

You will be able to win from either rising or falling markets.

 

From the above advantages I am sure you are itching to have a go at spread betting. I will advice you to read and understand spread betting strategies and then create an account. One strategy is to read one market per time and see how it goes. Don’t go spread your bets on different markets as that when you start losing. People who have a winning account tend to focus on one market, once you start betting on various markets then your winning account changes to losing account. Open another one and start again, this way your losing will be less and winning will be more.

 

Research is very important to do on spread betting companies as you might find some great deals and also they give advice. You can create free account with few companies, they will also provide you with lots of vitual money for you to practice. This can be a great learning curve.

Changes to Stamp Duty on home sales effectively amount to a “tax on London”,
property analysts have warned.

Source: Budget 2010: Stamp duty change will be ‘tax on London’

Most first-time buyers would escape stamp duty under a tax-cutting plan said
to be at the heart of today’s Budget.

Source: Budget 2010: first-time buyers expected to escape stamp duty

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