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.
Join my Money Tips 365 Supporters Club on Spotify: -
https://podcasters.spotify.com/pod/show/charles-kelly/subscribe
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.
If you are in business, you should also be talking to your tax or financial advisor about what tax savings you could make before the end of the current tax year. Don’t rely on your accountant to do this for you as most are not proactive.
New UK ISA allowance announced in the budget
This week, the Chancellor, Jeremy Hunt, announced a new £5000 additional tax free allowance for ISA investments provided they are invested into British shares. This means you can invest the money directly into shares or in a fund which invests in the UK stock market, such as the FTSE 100 index.
Join my Money Tips 365 Supporters Club on Spotify: -
https://podcasters.spotify.com/pod/show/charles-kelly/subscribe
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 charles@charleskelly.net 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 charles@charleskelly.net 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
Unveiling the Truth: The Banks Own The World – Money Tips 365 Day 49
Unveiling the Truth: The Banks Own The World – Money Tips 365 Day 49
What’s Your Relationship With Debt Like? - Money Tips 365 Day 48
What’s Your Relationship With Debt Like? - Money Tips 365 Day 48
Words Can Cut Like Knives – Money Tips 365 Day 47
Words Can Cut Like Knives – Money Tips 365 Day 47
What’s Your Relationship With Debt Like?
Make Money on Social Media – Money Tips 365 Day 46
Make Money on Social Media – Money Tips 365 Day 46
Marketing and Sales – Money Tips 365 Day 45
Marketing and Sales – Money Tips 365 Day 45
Asset Rich Time Poor, Time Rich Asset Poor – Money Tips 365 Day 44
Asset Rich Time Poor, Time Rich Asset Poor – Money Tips 365 Day 44
Does Loyalty Pay? Money Tips 365 Day 43
Does Loyalty Pay? Money Tips 365 Day 43
Problems are Good – Money Tips 365 Day 42
Problems are Good – Money Tips 365 Day 42
Resources or Resourcefulness? - Money Tips 365 Day 41
Resources or Resourcefulness? - Money Tips 365 Day 41
Can Money Buy You Happiness? Money Tips 365 Day 40
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
Aligned Money Show
Gorse Culture PODcast : The H.R. Detective Agency!
HCI Leadership Revolution
The Ramsey Show
Planet Money