In this episode, Russell and Anna Leeds explore the various tax-efficient strategies and loopholes that property investors can use to maximise their earnings while minimising their tax liability in the UK. They discuss the appeal of moving to tax havens like Dubai but provide practical tips for staying in the UK and legally reducing your tax bill. Key topics include leveraging property refinancing, understanding tax-deductible expenses, and taking advantage of salary structures for family members.
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Timestamps
00:00 Introduction to Tax-Free Property Investment
00:15 Dubai for Tax-Free Living
02:04 Tax-Free Property Investment Strategies in the UK
05:04 Refinancing Property for Tax-Free Cash
07:20 Claiming Costs to Reduce Taxable Income
09:18 Personal vs. Company Property Ownership
12:03 Tax Benefits of Owning Property in a Limited Company
13:04 Salary Tips for Property Company Owners
13:34 Paying Your Kids: A Tax-Free Strategy
15:52 Home Office Expenses: Maximizing Deductions
17:09 Travel Costs: Deductible Business Trips
19:13 Training Expenses: Investing in Knowledge
23:13 Pension Contributions: Tax-Free Savings
26:15 Final Thoughts and Tips
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