Wealth Made Simple Podcast

Pros of Using a Holding Company


Listen Later

Shaz is asked a lot about holding companies and in this episode explains how a property entrepreneur who is involved in multiple projects can benefit from having a holding company

With this structure, it’s possible to move money  without paying tax and lowers risk as different projects in different companies means any challenges only impact one company

He also explains how joint venture partners and shares can be effectively utilised across different companies within a holding company structure

 

KEY TAKEAWAYS

  • As an individual you can be paying 40% to HMRC with a limited company it can be 19%
  • If you take the money out personally to transfer it you will have to pay tax on it
  • With inter-company loans it can become complicated
  • A holding company can be an uncomplicated solution
  • All the shares are owned 100% by the shareholder
  • There is no tax paid when money is moved from the holding company
  • Dividends can be paid up and down with a holding company
  • Risk is lowered because you can have different projects in different companies
  • It gives the ability to have different joint venture partners
  • You can have alphabet shares with shareholders having different dividends, values and voting rights

  

BEST MOMENTS

‘It makes it efficient to move money from one company to another’

‘It means the risk can be limited to one company and not affect other projects’

 

VALUABLE RESOURCES

[email protected]

 

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 consultation 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:

  •   Facebook
  •   LinkedIn
  •   Instagram
  •   YouTube.
  •  

     

     

     

     

     

     

     

     

     

     

    ...more
    View all episodesView all episodes
    Download on the App Store

    Wealth Made Simple PodcastBy Shaz Nawaz


    More shows like Wealth Made Simple Podcast

    View all
    The Progressive Property Podcast by Kevin McDonnell

    The Progressive Property Podcast

    7 Listeners

    Leveraged Lifestyle Podcast by Catherine Turner

    Leveraged Lifestyle Podcast

    4 Listeners

    Property Sourcing Profits by David Siegler

    Property Sourcing Profits

    1 Listeners