 Do payday loan co have way to see if you have other loans out? |
Additional Details
When applying for a payday loan does the company run your ID thru a check system to see if you have applied or taken out other payday loans?... |
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 If you won the lottery what would you do with 360 million? |
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 Easy ways to earn money? |
i'm a 13 year old girl in the UK
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 What should you do with 01 million dollar ? |
Hi Everyone,
Would like to hear from you, what should you do if you have 01 million dollar ? and how to make the money grow ? Invesment in the stock? buying house ? studing new things ? or ... |
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Itchy McFanny | How much monthly interest would someone recieve on £125 million and do you get taxed on it? |
Im just day dreaming about winning the euro millions lol....not that im greedy lol.
Additional Details
God i wanna win so bad lol. |
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steffi
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Win your £125,000,000, and you would no doubt get good financial advice on what to do with it. Rather than just aiming for an interest rate, invest in the stock market and property, and the sky's the limit. Depending on investment, some tax may be deducted at source, but you would also have to pay most of it under the self-assessment system. Don't worry too much about it, with that sort of income you could afford the best accountants! |
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Ankleboots
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its the interest rate of that bank its in per x £1,000 you wouldnt need to touch capital for a long time if you place money in a switzland bank account no interest on it, or tax to pay. so £125,000,000 x 6.25% per £1,000 = |
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steve_loir
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If you got 5% that's £6.5 million a year.
Unfortunately you would be taxed at 40%.
So you would have to manage on only £5.2 million a year.
That's only £14,000 a day! |
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Ruffletop
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I get 5.5% on my £125,000,000 which gives me a gross calendar monthly income of £57,292 gross. The tax I pay, which is mostly at 40% is £22,116 pcm, giving me the measly income of £35,176 pcm to spend. As I spend nearly £40,000 pcm on riotous living I'm getting myself into financial difficulties. I suppose you couldn't lend me few a pounds, could you? |
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Paul
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u will get alot.
it depends how much percent interest u get, and where u put that money. most place will tax u, but there are some places with loopholes so the government cant tax you. |
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Maxi Robespierre
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At 5% interest rates you will get £6 250 000 per yr.
that is £520,833 and 33p a month.! You will pay £208 333 in tax (40% high rate) that leaves you with £312, 500 to spend monthly.
Your average Bently coupe. (as used by that one - Kathy Price Aka Jordan) will cost about £150 000 with a bit of extra trim.
Renting a suite at the Hilton at Hyde Park per night will set you back about £3000 so for 30 days with discount = say £90,000.
Leaves about £72 000 to spend in the shops and staff per month.
Calculations are based on the asumption that you will put 33p in the blind box to start! |
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:)) :| ((:
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enough interest to live on,very happily.
sickening. |
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jimi
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Not a problem I have come across....yet. |
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Paul M
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I wouldn't care lol.. I'd live with it. |
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albert
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the tax on interest payment is i believe 20% eg if you put it in an account at 5% interest you would get6,250,000 and pay 1,250,000 in tax , |
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Offer you can't refuse
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well ----with £125 mill im sure you can afford a good tax accoutant who would show you ways of avoiding tax! |
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