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Incorporating, Entrepreneurs And Investors Relief
Shaz is going through how and why you should incorporate and the tax benefits if you do it the right way
He also takes a look at entrepreneurs' relief and how you can claim it along with great information about investors' relief and explains using great real-life examples why taking a longer view about what you are doing can make a positive difference financially
KEY TAKEAWAYS
- When buying commercial property make sure you look at the capital allowances
- If a partnership incorporates into a limited company there is no stamp duty land tax to pay
- Moving a business with all the properties means you are entitled to section 162 incorporation relief
- Sell to one buyer, liquidate the company, and only pay 10% tax with entrepreneurs’ relief
- Investors' relief is only applicable to an investment business
- An investment business buys property that is held to rent out
- Rent to rent, deal sourcing and hotels are all trading businesses
- If you give shares to an investor on day one and they hold them for 3 years any profit on investment is subject to only 10% tax on the value of the shares
BEST MOMENTS
‘Don’t fix capital allowances, get a survey completed’
‘If you are running serviced accommodation you get 2 bites of the cherry, one on the refurbishment and one on the refurbishment’
‘When you get planning permission the value goes up’
VALUABLE RESOURCES
ABOUT THE HOST
Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.
Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.
He is a huge advocate of having multiple streams of
income. He has written a number of business books and regularly contributes articles to mainstream media outlets.
You can find Shaz on:
View all episodes
By Shaz NawazShaz is going through how and why you should incorporate and the tax benefits if you do it the right way
He also takes a look at entrepreneurs' relief and how you can claim it along with great information about investors' relief and explains using great real-life examples why taking a longer view about what you are doing can make a positive difference financially
KEY TAKEAWAYS
- When buying commercial property make sure you look at the capital allowances
- If a partnership incorporates into a limited company there is no stamp duty land tax to pay
- Moving a business with all the properties means you are entitled to section 162 incorporation relief
- Sell to one buyer, liquidate the company, and only pay 10% tax with entrepreneurs’ relief
- Investors' relief is only applicable to an investment business
- An investment business buys property that is held to rent out
- Rent to rent, deal sourcing and hotels are all trading businesses
- If you give shares to an investor on day one and they hold them for 3 years any profit on investment is subject to only 10% tax on the value of the shares
BEST MOMENTS
‘Don’t fix capital allowances, get a survey completed’
‘If you are running serviced accommodation you get 2 bites of the cherry, one on the refurbishment and one on the refurbishment’
‘When you get planning permission the value goes up’
VALUABLE RESOURCES
ABOUT THE HOST
Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.
Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.
He is a huge advocate of having multiple streams of
income. He has written a number of business books and regularly contributes articles to mainstream media outlets.
You can find Shaz on:
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