Top 5 reasons Property Investors Pay Too Much Tax
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- čas přidán 7. 07. 2024
- Watch our Commercial Portfolio Builder Series: bit.ly/3uKj9ZK
So you're finding yourself paying TOO much tax? How can I stop this you're asking?
In this episode of MONEY MATTERS, Paul gives us his Top 5 reasons why property investors pay too much on their tax bills. You will learn the ins & outs of Stamp Duty, VAT & in-depth analysis of Commercial Tax Breaks, just to name a few.
Leave your questions in the comments and make sure you have hit that big, red SUBSCRIBE button!
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INTRO 00:00
SECTION 24 00:22
STAMP DUTY 03:30
VAT 09:34
CORPORATE STRUCTURE 13:15
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But then capital gains tax when sell as part commerical
Great post please keep them coming
Bit confused about your advice on putting cars through an LLP … you seem to be suggesting that you can claim 100% of the car/running cost ? What about the private use restriction ?
Pay as per the HMRC fuel table or only use for business. Not relevant to me personally now as I am a Monaco tax resident. Good luck!
Thanks Paul about deep staf
Can you post a video about getting a mortgage on a new LLP?
We'll add it to the list :)
Whats that
Great stuff Paul. Currently I am living in Malaysia but moving back to UK to get into property. Got some budget allocated for training so looking to book some courses.
That's great to hear Adam, give the office a call on 01302 897131 i'm sure we'll be able to help you with your plans back here in the UK :) All the best Adam and speak soon!
Hi a first time buyer question.
Can I use my buy to let company s profit to pay my monthly mortgage ? (A small contribution £400/M )
I'm hoping to buy a second property, so my existing flat become buy to let ,may be I will have to do it under a company, on this property after mortgage I will be make £400/M (after interest only mortgage payment) can I take that money (£400) to pay towards my new properties mortgage ? I will be living in the new property.
Thank you ❤️
Have your accountant look into eputs for taxation
Can’t see the links Paul
Link to the commercial series is top of the description :)
Who cares
I guess anyone that does not want to pay too much tax....
@@PaulSmithTouchstoneEducation thank you for all the Education you post my real name is Dean and i am 18 years old and cant wait to come down after lockdown for the day training keep up the amazing work
@@Shway Hi Dean, Perfect! See you then. Paul