Your host Neil Cowmeadow explores the subject of tax in your business. Understand how to keep control of your money and out of the hands of the tax man and corrupt governments. Discover the rules of the game what you need to do in order to minimise your tax and maximise your earnings.

If you can name it, there is probably a tax or a duty tax put on it so it is essential that you lean the legal ways to avoid it and benefit from it. If we work hard for our money, we should work just as hard to hold onto it.

Neil explains that our attitude to taxation can be confused or conflicted and can become a barrier to success. Taxation is usually perceived as unavoidable, although this is only partly true. There are loads of opportunities to reduce our tax bills. Neil shows you how to get wise about your money and to start to think about what you can do now, to reduce your tax burden and get more of your own money in your pocket.

KEY TAKEAWAYS

• Tax avoidance - The arrangement of one's financial affairs to minimize tax liability within the law.

• Tax evasion - illegal use of schemes to minimise or avoid paying tax
• Investing in your education is deductible against your tax, get educated and continual your personal development. Attend free courses before spending a larger amount on education to defend your purchase in order to claim back tax.
• We are only required to pay the minimum amount of tax so we should get educated on it. Consider this when planning your business operations and look to take care of your future.
• Remember to always consider tax when spending money through your business and minimise your inheritance tax so that your airs do not get hit with huge amounts to pay.

BEST MOMENTS

“Whatever we do the government has their hand in the till no matter whos in power the system is rigged to exploit you and I”

“Paying less tax is a good thing, but please stay legal”

“We are in effect all slaves of the state”

“Any savings you make could go straight to the bottom of your business and it could make the difference.”

VALUABLE RESOURCES

Neil Cowmeadow - Weird Things Guitarists Do

www.Neilcowmeadow.com

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ABOUT THE HOST

Neil Cowmeadow is a maverick peripatetic guitar teacher from Telford with over 19 years experience in the business of helping people. Learn how to start, grow and love your business with Neil’s invaluable advice and tips without the buzzwords and BS!

CONTACT METHOD

Facebook - https://www.facebook.com/neil.cowmeadow

Website - https://www.neilcowmeadow.com/

Contact - [email protected]

Telephone - 01952 882 928