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

July 16, 2020 Government planning CGT ‘tax grab’ on buy-to-let property investors, experts warn
The UK Treasury has launched a “review” of the capital gains tax system to "ensure the system is fit for purpose", the BBC reports.
Some experts are warning of "a tax grab" in the autumn to pay towards the multi-billion-pound cost of Coronavirus measures, such as the furlough scheme.
The Chancellor, Rishi, Sunak asked the Office of Tax Simplification to investigate how capital gains are taxed for both individuals and smaller businesses.
"This review should identify opportunities relating to administrative and technical issues as well as areas where the present rules can distort behaviour or do not meet their policy intent," the chancellor said.
"I would be interested in any proposals from the OTS on the regime of allowances, exemptions, reliefs and the treatment of losses within CGT, and the interactions of how gains are taxed compared to other types of income." Source: BBC.
CGT is a tax on profits, which hits business owners, as well as millions of share and property investors.
Investment in buy-to-let properties can still be profitable when done professionally. However, there are still many other opportunities to make money in property without the need for buy-to-let mortgages, large deposits or high rates of tax.
Other articles available at Money Tips Podcast - www.moneytipsdaily.com
Are you ready to adapt to the new economic model?
As lockdown restrictions around the world are being eased, the economic model has subtly changed forever. How will you adapt to this new way of working and running a business, what obstacles and opportunities lies ahead? Will you be a participant or spectator in this revolution?
By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.
There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.
If you’d like further information on how to survive the crisis and even quit the rat race, email me at [email protected]or send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com
E-Commerce Cashflow
19th July, 2020
7:00 PM (UK)
Learn how to...
Build a profitable e-commerce business in less than 90 days.
Replace your income in months.
Help get the products to people that they need the most.
Be able to spend more time doing what you love, with the people you love.
Join the free training here: https://bit.ly/3gLXaKW
15 min
July 15, 2020 “No DSS” tenant blanket ban by buy-to-let landlords ruled ‘unlawful’ by Judge - Is it still worth investing in buy-to-let property?
“No DSS” tenant blanket ban by buy-to-let landlords ruled ‘unlawful’ by Judge
Is it still worth investing in buy-to-let property?
A District Judge has ruled that blanket bans on renting properties to people on housing benefit are unlawful and discriminatory.
The "momentous" court ruling found a single mother-of-two had experienced indirect discrimination when a letting agent refused to rent to her.
She ended up homeless with her two children, when her case was taken on by housing charity Shelter.
The judge ruled "No DSS" rental bans are against equality laws.
Investment in buy-to-let properties can still be profitable when done professionally. However, there are still many other opportunities to make money in property without the need for buy-to-let mortgages, large deposits or high rates of tax.
Full article available at Money Tips Podcast - www.moneytipsdaily.com
Millions of people face a bleak future post-Coronavirus lockdown, as businesses disappear and the job furlough scheme eventually comes to an end. However, life doesn’t have to end because of lockdown! You can join thousands of ordinary people who have increased their income and added streams of new income during this period.
Are you ready to adapt to the new economic model?
As lockdown restrictions around the world are being eased, the economic model has subtly changed forever. How will you adapt to this new way of working and running a business, what obstacles and opportunities lies ahead? Will you be a participant or spectator in this revolution?
By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.
There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.
If you’d like further information on how to survive the crisis and even quit the rat race, email me at [email protected]or send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com
E-Commerce Cashflow
19th July, 2020
7:00 PM (UK)
Learn how to...
Build a profitable e-commerce business in less than 90 days.
Replace your income in months.
Help get the products to people that they need the most.
Be able to spend more time doing what you love, with the people you love.
Join the free training here: https://bit.ly/3gLXaKW
16 min
July 14, 2020 UK economy grew by 1.8% in May, slower than expected, as government bans Huawei
UK economy grew by 1.8% in May, slower than expected, as government bans Huawei
Earlier contractions during the lockdown means the UK economy is now 24.5% smaller than it was in February, the ONS reports.
Despite the government easing of lockdown restrictions, many shops are reporting a 75% fall in foot flow.
The US economy is stalling as many states go back into lockdown including California.
Under a new Bill, UK's mobile providers will be banned from buying new Huawei 5G equipment after 31 December, and they must also remove all the Chinese firm's 5G kit from their networks by 2027.
See more at Money Tips Podcast website.
Millions of people face a bleak future post-Coronavirus lockdown, as businesses disappear and the job furlough scheme eventually comes to an end. However, life doesn’t have to end because of lockdown! You can join thousands of ordinary people who have increased their income and added streams of new income during this period.
Are you ready to adapt to the new economic model?
As lockdown restrictions around the world are being eased, the economic model has subtly changed forever. How will you adapt to this new way of working and running a business, what obstacles and opportunities lies ahead? Will you be a participant or spectator in this revolution?
By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.
There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.
If you’d like further information on how to survive the crisis and even quit the rat race, email me at [email protected]or send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com
E-Commerce Cashflow
19th July, 2020
7:00 PM (UK)
Learn how to...
Build a profitable e-commerce business in less than 90 days.
Replace your income in months.
Help get the products to people that they need the most.
Be able to spend more time doing what you love, with the people you love.
Join the free training here: https://bit.ly/3gLXaKW
19 min
July 13, 2020 Are you trapped in a high rate mortgage?
British MPs are urging the government to intervene and help 170,000 "prisoners" who are trapped it mortgages with high interest rates.
Many of the borrowers are lower paid frontline workers, like nurses and hospital workers, who have no choice but to pay up to double the interest they would be charged on a normal competitive mortgage.
They cannot re-mortgage to a cheaper deal offered by other lenders due to stricter affordability rules brought in by the Bank of England after they borrowed the money.
MPs are now calling on the government to order regulators to investigate the profits firms make from the borrowers.
They want the Competition and Markets Authority (CMA) and the Financial Conduct Authority (FCA) to consult and introduce a cap on so-called “standard variable rates”, which will help all borrowers coming out of fixed or discount rate mortgage deals.
Hundreds of thousands of borrowers are unable switch mortgages because their loan is too high against the value of their home or because they are now too old to re-mortgage. This leaves them at the mercy of their lender which can legally charge whatever rate they like.
The FCA reformed the affordability rules last October to allow lenders to help mortgage prisoners with cheaper home loans, but no lenders have changed their criteria.
Borrowers with bankrupt lenders, such as the Northern Rock, are prisoners to the new owners who are neither offering competitive products or looking after their borrowers.
Some borrowers have been paying between 6% and 9%pa after coming off initial fixed rates several years ago.
Self-employed have only days left to apply for government grant phase 1.
If you’re eligible and your business has been adversely affected you must make your claim for the first grant on or before 13 July 2020.
This scheme is being extended. If you’re eligible for the second and final grant, and your business has been adversely affected on or after 14 July 2020 you’ll be able to make a claim from 17 August 2020. You can make a claim for the second grant if you’re eligible, even if you did not make a claim for the first grant. Find out more about the extension to the scheme.
Apply here: https://www.gov.uk/guidance/claim-a-grant-through-the-coronavirus-covid-19-self-employment-income-support-scheme#extension
By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.
There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.
If you’d like further information on how to survive the crisis and even quit the rat race, email me at [email protected]or send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com
E-Commerce Cashflow
19th July, 2020
7:00 PM (UK)
Learn how to...
Build a profitable e-commerce business in less than 90 days.
Replace your income in months.
Help get the products to people that they need the most.
Be able to spend more time doing what you love, with the people you love.
Join the free training here: https://bit.ly/3gLXaKW
13 min
July 10, 2020 UK economy opening up with help of £300 billion government financial stimulus – Money Tips Weekly News Roundup
UK economy opening up with help of £300 billion government financial stimulus – Money Tips Weekly News Roundup
The UK government will this year inject an unprecedented £300 billion of financial aid into the economy in order to stave off the worst recession in 300 years.
Rishi Sunak’s moves to retain as many jobs as possible have not been supported by large retailers, such as John Lewis and Boots Chemists, which have announced plans to lay off 5000 workers, despite the £1,000 per worker job retention bonus.
The £1000 job retention bonus is not enough to persuade a company to keep someone on for six months and will only be claimed by employers which are probably going to take people back off furlough anyway.
HK crisis deepens as UK offer BOP passport holders refuge from China’s grip.
Self-employed have only days left to apply for government grant phase 1.
If you’re eligible and your business has been adversely affected you must make your claim for the first grant on or before 13 July 2020.
This scheme is being extended. If you’re eligible for the second and final grant, and your business has been adversely affected on or after 14 July 2020 you’ll be able to make a claim from 17 August 2020. You can make a claim for the second grant if you’re eligible, even if you did not make a claim for the first grant. Find out more about the extension to the scheme.
Apply here: https://www.gov.uk/guidance/claim-a-grant-through-the-coronavirus-covid-19-self-employment-income-support-scheme#extension
In this Money Tips Podcast episode:
1. Travellers arriving in the UK from dozens of countries no longer need to self-isolate
2. Rules relaxed for arrivals from more than 70 countries and British overseas territories
3. Beauty salons and “open air gyms” allowed to reopen with more reopening to follow
4. Eat out to help out meal deal scheme launches in August to help hospitality sector
5. Stamp Duty slashed until 31 March 2021 by raising the threshold to 500,000
6. Chancellor Rishi Sunak keen to boost the property market and “build build build”
7. New planning rules will open up more opportunities to make money in property
8. Opportunity is everywhere for everyone, especially in property! But you have ACT!
9. Even the 'Secret law of attraction' requires you to get off your ass and TAKE ACTION!
10. Homeowners will get vouchers of up to £5,000 for energy-saving improvements
11. The poorest will receive up to £10,000 in £2 billion energy saving grant scheme
12. Will your job be one of millions phased out by automation, innovation and AI?
13. You don’t need your own money to create a second income in property
14. Time to your economy or Uconomy started whatever the economy is doing!
15. You can create a second income during the lockdown…and come out stronger
16. Learn how to make money from property without deposits, mortgages or cash
3 min
July 09, 2020 Opportunity is everywhere for everyone, especially in property! But you have to get off your arse! Even the 'Secret law of attraction' requires you to TAKE ACTION!
Opportunity is everywhere for everyone, especially in property! But you have to get off your arse!
Even the 'Secret law of attraction' requires you to TAKE ACTION!
Rishi Sunak Announces Stamp Duty Holiday And Measures To Kick Start UK Economy and Property Market.
His moves to retain as many jobs as possible have not been supported by large retailers, such as John Lewis and Boots Chemists, which have announced plans to lay off 5000 workers, despite the £1,000 per worker job retention bonus.
Unfortunately, a £1000 job retention bonus is not enough to persuade a company to keep someone on for six months and will only be claimed by employers which are probably going to take people back off furlough anyway.
What’s your view?
Homeowners to get £5000 each in £2 billion government giveaway to insulate houses and create 100,000 green jobs.
The UK Chancellor Rishi Sunak has announced a £2bn grant scheme in England for projects such as insulation as part of a wider £3bn plan to cut emissions and create 100,000 jobs.
Stamp Duty is immediately cut until 31 March 2021 by raising the threshold to 500,000 to boost the property market.
Self employed have only days left to apply for government grant phase 1.
In this Money Tips Podcast episode:
1. Homeowners will get vouchers of up to £5,000 for energy-saving improvements
2. The poorest will receive up to £10,000 for energy-saving home improvements
3. New planning rules will open up more opportunities to make money in property
4. Will your job be one of millions phased out by automation, innovation and AI?
5. You don’t need your own money to create a second income in property
6. Time to your economy or Uconomy started whatever the economy is doing!
7. You can create a second income during the lockdown…and come out stronger
8. Learn how to make money from propertywithout deposits, mortgages or cash
Millions of people face a bleak future post-Coronavirus lockdown, as businesses disappear and the job furlough scheme eventually comes to an end. However, life doesn’t have to end because of lockdown! You can join thousands of ordinary people who have increased their income and added streams of new income during this period.
Are you ready to adapt to the new economic model?
As lockdown restrictions around the world are being eased, the economic model has subtly changed forever. How will you adapt to this new way of working and running a business, what obstacles and opportunities lies ahead? Will you be a participant or spectator in this revolution?
By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.
There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.
If you’d like further information on how to survive the crisis and even quit the rat race, email me at [email protected]or send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com
16 min
July 08, 2020 Stamp Duty, an Obscene Tax on Savers and Workers Who Buy Their Own Home
Stamp Duty, an Obscene Tax on Savers and Workers Who Buy Their Own Home
Rishi Sunak Announces Stamp Duty Holiday And Job Creation Measures To Kick Start UK Economy
Homeowners to get £5000 each in £2 billion government giveaway to insulate houses and create 100,000 green jobs…
The UK Chancellor Rishi Sunak today announced a £2bn grant scheme in England for projects such as insulation as part of a wider £3bn plan to cut emissions and create 100,000 jobs…
Stamp Duty to be cut for six months by raising the threshold to £500,000 to boost the property market.
In this Money Tips Podcast episode:
1. Homeowners will get vouchers of up to £5,000 for energy-saving improvements
2. The poorest will receive up to £10,000 for energy-saving home improvements
3. New planning rules will open up more opportunities to make money in property
4. Will your job be one of millions phased out by automation, innovation and AI?
5. You don’t need your own money to create a second income in property
6. Time to your economy or Uconomy started whatever the economy is doing!
7. You can create a second income during the lockdown…and come out stronger
8. Learn how to make money from property without deposits, mortgages or cash
Millions of people face a bleak future post-Coronavirus lockdown, as businesses disappear and the job furlough scheme eventually comes to an end. However, life doesn’t have to end because of lockdown! You can join thousands of ordinary people who have increased their income and added streams of new income during this period.
Are you ready to adapt to the new economic model?
As lockdown restrictions around the world are being eased, the economic model has subtly changed forever. How will you adapt to this new way of working and running a business, what obstacles and opportunities lies ahead? Will you be a participant or spectator in this revolution?
By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.
There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.
If you’d like further information on how to survive the crisis and even quit the rat race, email me at [email protected]or send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com
Learn How To Buy, Refurbish, Refinance Properties For Profit
Thursday 9th July @ 7:30 PM
Register for the free webinar now - https://bit.ly/3gB8HMQ
16 min
July 07, 2020 Homeowners to get £5000 each from the government to insulate their house
Homeowners to get £5000 each from the government to insulate their house
The UK Chancellor Rishi Sunak is expected to announce a £2bn grant scheme in England for projects such as insulation as part of a wider £3bn plan to cut emissions and create 100,000 jobs.
Stamp Duty could be cut by raising the threshold to 500,000 to boost the property market.
In this Money Tips Podcast episode:
1. Homeowners will get vouchers of up to £5,000 for energy-saving improvements
2. The poorest will receive up to £10,000 for energy-saving home improvements
3. New planning rules will open up more opportunities to make money in property
4. Will your job be one of millions phased out by automation, innovation and AI?
5. You don’t need your own money to create a second income in property
6. Time to your economy or Uconomy started whatever the economy is doing!
7. You can create a second income during the lockdown…and come out stronger
8. Learn how to make money from property without deposits, mortgages or cash
Millions of people face a bleak future post-Coronavirus lockdown, as businesses disappear and the job furlough scheme eventually comes to an end. However, life doesn’t have to end because of lockdown! You can join thousands of ordinary people who have increased their income and added streams of new income during this period.
Are you ready to adapt to the new economic model?
As lockdown restrictions around the world are being eased, the economic model has subtly changed forever. How will you adapt to this new way of working and running a business, what obstacles and opportunities lies ahead? Will you be a participant or spectator in this revolution?
By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.
There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.
If you’d like further information on how to survive the crisis and even quit the rat race, email me at [email protected]or send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com
Learn How To Buy, Refurbish, Refinance Properties For Profit
Thursday 9th July @ 7:30 PM
Learn how to buy at an unmissable discount time and time again. If you want to make money we want to start by saving money.
Learn how to add value to any project you take on, by seeing the potential and knowing how to expand on this and make something great is a skill for life.
Learn how to refinance to get as much money out as possible and start again!
Register for the free webinar now - https://bit.ly/3gB8HMQ
https://progressiveproperty.online/progressive-property-brr/amb1927
3 min
July 06, 2020Quick Money Tip - Check Your Travel Insurance Before You Book Your Holiday
Quick Money Tip - Check Your Travel Insurance Before You Book Your Holiday
In this Money Tips Podcast episode:
1. Holidaymakers given some relief on quarantine measures
2. Air corridors: USA, Sweden, Portugal and Philippines not on list
3. Will you get a refund if you have to cancel due to quarantine restrictions?
4. Thousands of travellers still awaiting refunds from Ryanair and budget airlines
5. Does your policy cover Coronavirus Covid-19 infection caught whilst on holiday?
6. Watch out for children’s gaming apps which could cost you thousands
7. Payment holiday schemes for mortgages have been extended to car loans
8. Some businessesallowed to reopen in England on Independence Day!
9. UK hit by worst economic contraction in 40 years, new figures reveal
10. The Rock Dwayne Johnson Tops Instagram Rich List At $1 million Per Post
11. New planning rules will open up more opportunities to make money in property
12. Will your job be one of millions phased out by automation, innovation and AI?
13. You don’t need your own money to create a second income in property
14. Time to your economy or Uconomy started whatever the economy is doing!
15. You can create a second income during the lockdown…and come out stronger
16. Learn how to make money from propertywithout deposits, mortgages or cash
There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.
If you’d like further information on how to survive the crisis and even quit the rat race, email me at [email protected]or send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com
Do you need help to MAXIMISE your business in the next 90 days?
Business Support Mastermind
Wednesday 8th July @ 7:00 PM
How to Absolutely maximise the      next 90 days & take the (hidden) opportunities.

How to market your way through      the lockdown to THRIVE instead of survive.

How to pivot your business first      & fast to seize the new world order & opportunity.

The BEST business cashflow      opportunities in the current climate, & beyond

Our brand-new “accelerated      immersion” model to grow in a downturn.
Join free Business Mastermind webinar - https://bit.ly/2ACftTm
23 min
July 03, 2020 Lockdown restrictions eased and relief for travel industry air corridors
Lockdown restrictions eased and relief for travel industry air corridors
As pubs and restaurants prepare to reopen tomorrow, ‘air corridors’ announced by Prime Minister Boris Johnson.
In this Money Tips Podcast episode:
1. Holidaymakers given some relief on quarantine measures
2. Air corridors: USA, Sweden, Portugal and Philippines not on list
3. Some businesses allowed to reopen in England on Independence Day!
4. UK hit by worst economic contraction in 40 years, new figures reveal
5. The Rock Dwayne Johnson Tops Instagram Rich List At $1 million Per Post
6. How Can YOU Make Money Online Without Millions Of Media Followers?
7. Will your job be one of millions phased out by automation, innovation and AI?
8. You don’t need your own money to create a second income in property
9. Time to your economy or Uconomy started whatever the economy is doing!
10. You can create a second income during the lockdown…and come out stronger
11. Learn how to make money from propertywithout deposits, mortgages or cash
Millions of people face a bleak future post-Coronavirus lockdown, as businesses disappear and the job furlough scheme eventually comes to an end. However, life doesn’t have to end because of lockdown! You can join thousands of ordinary people who have increased their income and added streams of new income during this period.
Are you ready to adapt to the new economic model?
As lockdown restrictions around the world are being eased, the economic model has subtly changed forever. How will you adapt to this new way of working and running a business, what obstacles and opportunities lies ahead? Will you be a participant or spectator in this revolution?
By Charles Kelly, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.
There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.
If you’d like further information on how to survive the crisis and even quit the rat race, email me at [email protected]or send me a message through Facebook or my Money Tips Daily community. See more articles at www.moneytipsdaily.com
True entrepreneurs create wealth and jobs and don’t need you to be poor for them to be rich.
14 min