Shaz explains the multifaceted agreements that should be in place between shareholders when varying types of businesses are founded and developed.

KEY TAKEAWAYS

• When two parties have a partnership, the LLP files a tax return but each party pays their respective tax bills. You pay individually.
• In March or April of 2024, full disclosure must be made at Companies House, meaning that true transparency may be seen by all

BEST MOMENTS

'Corporation tax rates are different to personal tax rates'

'That's why they keep personal tax rates higher'

VALUABLE RESOURCES

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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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•   YouTube.