Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
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Golferboy, so what’s the ticker for your PLC then? ROFLMAO! A little lesson, if you’re going to spout bullhsit, make sure that you actually know what you are talking about? Otherwise you just come across as a total c*ck!
Could well be a second home. 20% deposit of £250k is a £1.25m pad.....still needs a £1m mortgage and not to mention the £120k you'd need for stamp duty on that being a second home. Cash requirements soon add up even if you've mortgaged most of it!
Eric.
You can think what you like. I care not.
The cap of idiot seems to fit with you claiming a low mortgage rate was fantasy. It is not.
Rather than check, you just throw out silly claims.
I would have checked first
Triphop.
I use an accountant for my PLC consultancy business (Yes I have one, and I do very well out of it).
So they do my personal stuff as well.
And, Yes, I didn't think of the tax implications..
And it was only 4% of his pot.
So in reality. No big deal.
I actually now see a positive in the release of news now.
Golferboy, my guess is that he's gifted the current home to the kids and bought a new one for the Mrs. If he survives 7 years then there is no IHT to pay. Or possibly put it in a trust for the same means? One last top tip for you, never rely solely on accountants, as some of them can get lazy? I use chartered ones for the company but do all my personal myself. Why waste money on something you can do yourself?
@goffer - I didn’t say I agreed with it. Also, I still think you’re a massive pri&k. I was just too polite to say so.
Horseman.
Yes. Well done for volunteering for the title
Fantasy mortgage indeed.
@TripHop - I think the idiot comment was aimed at me :-)
Triphop. The idiot comment wasnt for you.
But I don't need your teachings. My financial stuff is well looked after by my good accountant.
As I said. Your was a better answer. I hadn't considered tax planning.
@golferboy, not really CGT, that's only an annual thing. Proper tax planning goes far beyond that. Yes there are mortgages around at 1.3% but that isn't the APR, which you should really be looking at to see true cost. Still not 0.006% as you stated though? I do hope that the idiot comment wasn't aimed at myself, otherwise with me teaching you things like this, that would put you way below that level?
I think a man on his salary could have saved a deposit.
But yes. the money could be for the deposit. That's one hell of a deposit.
@goffer - do you agree that the money could be for a deposit though, and that he would still need a mortgage? In which case all of the pitchfork wielding folk screaming WHY DIDN’T HE JUST GET A MORTGAGE? are talking nonsense? Surely you needed a deposit when you recently purchased your property?
Triphop.
Now that is a better reply.
He will have CGT to pay.
So sell now while they are cheap, before the rise and then pay more tax.
Duur
Oh.
I have an idiot on my tail.
Just go look on Money supermarket.
Lots of Mortgages for 1.3%.
Money is cheap at the moment. They cant give the stuff away.
Go back to your own fantasy land of not living in this real world.
@golferboy, you obviously don't understand tax planning then?
@golferboy - the RNS states that the money was to part fund the purchase. It’s probably just a nice deposit, which would mean he may still have picked up one of your fantasy mortgages.
I looked. They are now about 1.3%. So double what I thought.
SO I take that back. I got one at .65% a few months ago from Coventry BS.
Still 1.3% is SFA for a man on his salary, so I still think its poor personal judgement
Hey golferboy, where's this 0.006% mortgage that you were bumping your gums about earlier?
1 mans loss is another mans gain.
Thanks for the cheap shares everyone.
One last big top up before this rockets :)
172.9 to buy £10k
I picked up 7,500 shares at 168.5
i managed 1328 @170
I’ll get one in a few days should there be no further news
Anyone manage that?
NT on ii until it rose again
Grr