Money Tips Daily by Charles Kelly, former IFA and author of

By Charles Kelly Business CoachBusiness

Money Tips Daily by Charles Kelly, former IFA and author of episodes

March 08, 2024 Money Tips 36 Day 7 - End of Year Tax Planning
Money Tips 36 Day 7 - End of Year Tax Planning

If you are listening to this in the UK in the month of March, you only have a few weeks remaining until the end of the current tax year on 5 April.

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Now is the time to think about tax-free allowances into pensions and ISA savings schemes, as well as other tax friendly investments. Other countries vary, but the principles are the same.

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Section 24 Tax Hike Solutions Revealed By Property
Accountant
Interview with Chartered Accountant and property tax specialist who reveals options and solutions to move your properties from your own name into a limited company or LLP whilst mitigating the potential HMRC pitfalls.
Email ⁠[email protected]⁠ for a
free consultation on how to deal with Section 24.
Watch video now: ⁠https://youtu.be/aMuGs_ek17s⁠
In this 45 minute interview we
discuss:
·
What is Section 24 and when did George Osbourne introduce this tax hike on
landlords?
·
Options available to landlords with buy-to-let properties in their own name
·
What is classed as a property business and property partnership?
·
Ramsay v HMRC (2013) case explained
·
Incorporation Relief, Stamp Duty, CGT (Capital Gains tax) and much more…
Over 29,000 people signed a
petition calling on the government to reverse this unfair tax o landlords to no
avail.
Find out what you can do in this ⁠video⁠.
Email ⁠[email protected]⁠ for a
free consultation on how to deal with Section 24.

#buytoletlandlord #propertyinvestment #section24tax
#georgeosborne #financialfreedom #FinancialEquality #FinancialIndependence
#money #MoneyManagement #FinancialEducation #SecureYourFuture #TakeControl
#FinancialWellBeing #BridgeTheDivide #EqualityInFinance #economy #recession
#section24 #section21 #IncorporationRelief #SDLT #StampDuty #CGT #ramsayvHMRC
#buytoletproperty #buytoletlandlord #taxplanning

3 min
March 07, 2024 Money Tips 365 Day 6 – Emergency Funds!
Emergencies. Have 3 to 6 months expenses in the bank

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Everyone needs backup funds to cope with emergencies and
things that crop up in life.

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Club on Spotify: -
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3 min
March 06, 2024 Money Tips 365 Day 6 – Emergency Funds!
Money Tips 365 Day 6 – Emergency Funds!

Emergencies. Have 3 to 6 months expenses in the bank

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Club on Spotify: -
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.Everyone needs backup funds to cope with emergencies and
things that crop up in life.

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365 Supporters Club on Spotify: -
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3 min
March 06, 2024 Money Tips 365 Day 5 - Frugality
Live frugally within your means.

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Even the wealthy, well off and some billionaires are
frugal!

Watch video version on YouTube - https://youtu.be/UoO-aN5iarM

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#money #moneytips #frugal #rockafella #financialfreedom

3 min
March 06, 2024 Money Tips 365 Day 5 - Frugality
Money Tips 365 Day 5 - Frugality

Live frugally within your means.

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Even the wealthy, well off and some billionaires are
frugal!

People who show off with fine watches and fancy cars on
expensive finance are not always wealthy. They are quite often living on a
knife edge on borrowed money and borrowed time.

This is not about living poor to become rich. It’s about spending carefully on the things
you need rather than things to impress others. It’s about waiting to save for
something rather than buying it on a credit card and shopping around for the
best deals.

Living comfortably, but with frugality. This does not
mean that you are mean and tightfisted.

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#money #moneytips #frugal #rockafella #financialfreedom

3 min
March 05, 2024 Money Tips 365 Day 4 - Patience!
Practice patience.

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Have the patience to save for something special, rather
than buying it on a credit card.

Watch YouTube version - https://youtu.be/OdQ7Ffrqufs

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4 min
March 05, 2024 Money Tips 365 Day 4 - Patience!
Practice patience.

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Have the patience to save for something special, rather
than buying it on a credit card.

Be patient with your investments and give them time to
grow, just like planting seeds.

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5 min
March 04, 2024 Money Tips 365 Day 3 - Start! Get started!
Money Tips 365 Day 3 - Start!

Get started!

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Start early and save as much as you can in order to allow
compound growth and interest to work in your favour.

Watch video version - https://youtu.be/lVUv0oJDLbI

The sooner you start saving, the more money you can
accumulate over time using the power of compound interest.

Delay in the start by five years could as much as halve
the value of your retirement fund.

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#money #savemoney #investing #retirement #pensions

4 min
March 04, 2024 Money Tips 365 Day 3 - Start! Get started!
Money Tips 365 Day 3 - Start!

Get started!

Join my Money Tips 365 Supporters Club on Spotify: -
https://podcasters.spotify.com/pod/show/charles-kelly/subscribe

Start early and save as much as you can in order to allow
compound growth and interest to work in your favour.

The sooner you start saving, the more money you can
accumulate over time using the power of compound interest.

Delay in the start by five years could as much as halve
the value of your retirement fund.

Join my Money Tips 365 Supporters Club on Spotify: -
https://podcasters.spotify.com/pod/show/charles-kelly/subscribe

#money #savemoney #investing #retirement #pensions

4 min
March 03, 2024 Money Tips 365 Day 2 – Save It’s not how much you earn that counts...
Money Tips 365 Day 2 – Save

It’s not how much you earn that counts, it’s
how much you keep that makes you wealthy.

The average person can build wealth without a
high income, but you cannot build wealth without a high savings rate.

We cannot easily control the return on
investment, but we can easily control our rate of savings.

I’ve known many clients on average incomes
become wealthy, but many more on high incomes end up broke.

Get into the habit of living on a percentage
of your income for life’s essentials, and saving and investing the rest to
build wealth.

The wealth that you accumulate through your
savings efforts will be what is left over after you’ve spent the rest on
living.

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Spotify: -
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7 min