What is a holding company? What are the benefits of a holding company? What are the drawbacks of a holding company? Why should I have a holding company? In this episode, Shaz walks you through all these questions and more! KEY TAKEAWAYS A holding company is a type of business structure that deals specifically with business assets, investments and management. When a business is 100% owned by a holding company, that is when the term "Wholly Owned Subsidiary" applies, as the parent company wholly o...
Dec 08, 2022•16 min•Ep. 252
Finding off-market properties is Shaz’s favourite marketing strategy in this episode he shares some of the ways you can take effective action to increase your network becoming known in your goldmine area Building an extensive network with people knowing that you are looking to buy properties off-market is key, hear about a range of strategies that will create an extensive network and get started KEY TAKEAWAYS Buy off-market and you may be the one person who can do that particular deal Understand...
Dec 06, 2022•23 min•Ep. 251
This is a great episode if you want to get into commercial conversions as Shaz takes us through his latest project the conversion of a grade 2 listed post office into twenty two mixed flats and a ground-floor commercial space He goes through the numbers and shares valuable content about working with lenders, the loan-to-cost figures and the GDV, listen in to hear why commercial conversions should be part of your property development portfolio KEY TAKEAWAYS We agreed to buy with the condition of ...
Dec 01, 2022•13 min•Ep. 250
Shaz shares an overview of the LP hybrid model, explaining exactly what it is and how it works He shares informative content that helps to explain the process and discusses why it's vital that any hybrid LLP is planned and set up properly KEY TAKEAWAYS A partnership is two or more individuals who form a business An LLP can be two or more people or two or more entities As the properties are introduced into an LLP the limited company becomes a managing company, managing the properties for the LLP ...
Nov 29, 2022•15 min•Ep. 249
Flips are good for cashflow and a great strategy, and in this episode, Shaz explains what you need to have in place and how you can get started From knowing your numbers to negotiating the right deals all the way through a project, Shaz shares valuable tips and advice about how to get started and succeed if you want to use flipping as either a supplementary or primary property strategy KEY TAKEAWAYS Flips are usually funded with bridging loans If the project takes longer the costs can increase, ...
Nov 24, 2022•18 min•Ep. 248
Everyone is asking if there going to be a property market crash and when’s it going to happen and in this episode Shaz shares the historical patterns and his analysis of this much-asked question He looks at the previous cycles for the property market and shares the predictions and his analysis of what will happen KEY TAKEAWAYS History repeats itself and there have been, to date three serious property market crashes There are consistent themes such as changes in interest rates, rising energy cost...
Nov 22, 2022•23 min•Ep. 247
Shaz explains how tax works if you are buying property that is already part of a company and discusses the ways you can achieve the best tax outcome for yourself He uses a worked example to go through the figures making it clear at which point in the process action is required KEY TAKEAWAYS You need to think about the best company structure for commercial conversions The property being purchased may be part of a company There is no SDLT if you buy the company just Stamp Duty tax on the shares Th...
Nov 17, 2022•11 min•Ep. 246
Shaz looks at what happens when a shareholder wants to sell their shares and how other shareholders can raise the capital to buy them without involving an investor Hear about POOS - purchase of own shares and how this can mean a substantial saving in taxes KEY TAKEAWAYS If a shareholder wants to retire they will want to sell their shares and other shareholders are likely to want to buy the shares You need to have a gross profit that includes the money that needs to be paid in tax on the dividend...
Nov 15, 2022•9 min•Ep. 245
In this episode, Shaz covers the main differences between a sole trader business and a limited company He shares an informative overview of the benefits and looks at some of the different reliefs and allowances that can be claimed through a sole trader business and a limited company KEY TAKEAWAYS The accounts are simpler with a sole trader business and there is more flexibility to add partners There is unlimited liability and you are personally responsible for any debts Losses can be carried for...
Nov 10, 2022•18 min•Ep. 244
Shaz shares great information as he answers questions from his live audience about when you can and can't claim VAT on commercial properties and refurbs and also takes a look at how to claim entrepreneurs' relief KEY TAKEAWAYS You can claim VAT on commercial properties if you sell them If you are increasing or decreasing the number of units of buying a house that has been empty for 2 years or more VAT is 5% If you outsource or subcontract the labour and materials you pay 5% on both For better ca...
Nov 08, 2022•8 min•Ep. 243
If you are buying a property then SDLT is important and in this episode Shaz shares an overview and key points about stamp duty land tax and answers questions about purchasing through a limited company and shares some of the benefits of buying property in this way along with valuable information about tax and limited companies KEY TAKEAWAYS If you are buying six or more units you can choose whether to pay residential or non-residential rates You can claim multiple dwellings relief if you are buy...
Nov 03, 2022•21 min•Ep. 242
Shaz shares an overview of the benefits of having a SSAS and works through live examples from members of the audience If you want control of your funds and the opportunity to grow a SSAS to a point where you can effectively use it then this episode has great content about the key positives of setting up a SSAS KEY TAKEAWAYS A Small self-administered pension scheme (SSAS) is a trust where you control the funds With a SSAS you control what happens to your funds Every year you can pay up to forty t...
Nov 01, 2022•16 min•Ep. 241
Shaz looks at how overseas money can be used to fund property investments in the UK and the importance of knowing the investor and having a relationship with them This episode is a great opportunity to gain an overview of joint ventures with overseas investors and how funds can be effectively transferred KEY TAKEAWAYS They could transfer the funds to the UK and into a UK account Most solicitors will want you to transfer from your business account into their client account Solicitors have a duty ...
Oct 27, 2022•9 min•Ep. 240
Shaz explains how company structure impacts tax and goes into detail about a holding company structure and how it can be used effectively He answers questions about payments to subcontractors and explains how entrepreneurs' relief works sharing great content for anyone building a business KEY TAKEAWAYS A benefit of a holding company structure is less tax The holding company shouldn’t do anything except holding If the holding company is also trading then if it goes bust all the other companies ar...
Oct 25, 2022•22 min•Ep. 239
Shaz shares the key points about claiming capital allowances including when you can and when you can't claim If you are wondering where to get started on capital allowances, this episode is the one to listen to KEY TAKEAWAYS You can claim on anything fixed to the building You can claim capital allowances if the previous owner hasn’t A commercial property or standard search enquiry, completed by the solicitor has a question about capital allowance claims For new items, you can claim the cost for ...
Oct 19, 2022•11 min•Ep. 238
Shaz is taking questions from his live audience about VAT. With lots of different questions all focused on VAT this is a great opportunity to hear great content about how VAT works in a range of different business situations KEY TAKEAWAYS If you have to register there are 3 options, 20%, the flat rate scheme or a tour operators management scheme With the flat rate scheme, you pay a lower percentage but can’t claim VAT on items bought unless they are over two thousand pounds It’s better to have s...
Oct 17, 2022•18 min•Ep. 237
Shaz explains how multiple dwellings relief works and can be hugely beneficial in reducing your stamp duty land tax and the huge amounts of SDLT that can be saved if a house is classified as uninhabitable He also looks at what you can claim for your business and explains how the key and only question you need to ask yourself is – Is it wholly and exclusively for the business KEY TAKEAWAYS An annexe with a separate entrance, kitchen and bathroom means you can claim multiple dwellings relief Even ...
Oct 12, 2022•22 min•Ep. 236
In this episode hear about the crucial questions you should be asking yourself when tax planning From always asking whether it’s legal to understanding that HMRC interpret the rules and can be challenged this is a must-listen with great content for any business owner KEY TAKEAWAYS Always ask ‘is it legal? at no point is it worth doing something illegal Is what you are doing effective in terms of how much you are spending and what you are saving Is it acceptable? Your tax planning needs to be acc...
Oct 10, 2022•19 min•Ep. 235
Shaz explains the rules and restrictions of turning property purchases into serviced accommodation, focusing on the two models available - Furnished Holiday Lets (FHL) and Serviced Accommodation (SA). As he continues to tutor his live audience, Shaz explores the benefit of offering services to guests, what schemes are available to help property owners pay less tax, and how multiple properties can help to alleviate some of the restrictions of an FHL. KEY TAKEAWAYS A Furnished Holiday Let (FHL) mu...
Sep 28, 2022•27 min•Ep. 234
Capital allowances can be hugely beneficial and Shaz explains how things work in both an LLP and a limited company He also shares great content on when to claim capital allowances and how with any commercial property purchase there is potentially more than one opportunity to claim KEY TAKEAWAYS An LLP is transparent for tax purposes and the capital allowances are claimed on the income The government wants to incentivise trade and you can claim back for fixtures and fittings that you have investe...
Sep 27, 2022•24 min•Ep. 233
Shaz is with a live audience looking at the tax payable when you are buying more than one property He explains the best way to purchase additional properties from a tax perspective and works with live examples from the audience to share informative content on what’s the best way to buy more than one property KEY TAKEAWAYS A conditional contract means you can buy the land and the house is knocked down If you are buying property you may have to pay VAT on it Buy a commercial property and convert i...
Sep 21, 2022•20 min•Ep. 232
In this episode, Shaz is explaining why commercial conversions are his favourite strategy and to help explain why he goes through examples, including the numbers, comparing a property flip, a buy, refurbish, refinance and renting deal along with a commercial conversion Sharing the property strategy examples demonstrates clearly how the numbers work out and, as Shaz explains, shows why commercial conversion is a strategy you should be using KEY TAKEAWAYS Funds from a bridging loan can then become...
Sep 19, 2022•19 min•Ep. 231
In this episode, Shaz looks at how a small self-administered scheme (SSAS) works and explains some of the ways it can be used This is a great opportunity to understand more about what a SSAS is and hear about some of the different ways and times you can pay into it and how it can be used within your business and for legacy planning KEY TAKEAWAYS A SSAS is a small self-administered scheme and can give you more flexibility Every year you can transfer £40,000 into your SSAS if in previous years you...
Aug 31, 2022•12 min•Ep. 230
Shaz works through a live example to explain what can be claimed in capital allowances each year He discusses with his audience the types of challenges that can face property investors when they are making claims for capital allowances and answers questions about claiming capital allowances at the point of purchase KEY TAKEAWAYS There are different types of pools for capital allowance purposes The pool that the expenditure goes into helps to determine the amount of capital allowances The general...
Aug 29, 2022•11 min•Ep. 229
Shaz shares a commercial conversion example explaining the best ways to make each stage work As he goes through each phase he explains what you can claim and why as well as discussing the structure of your company and how it can support what you are doing with your commercial conversion. KEY TAKEAWAYS With no money in and after taking her money out there is an asset worth just over 1.2million If you are buying commercial property you may have to pay VAT on it When the property is subject to an o...
Aug 24, 2022•15 min•Ep. 228
Shaz looks at how the best return you can make is through investing in your own self-development and education and looks at the value of understanding the numbers in any deal Every day should be a day for learning something new and if you have an open mind learning new things every day is a possibility and will help as you scale and grow your business KEY TAKEAWAYS You need to get the numbers right. A budget is an estimate based on the information you have about costs You need to try and stay wi...
Aug 22, 2022•13 min•Ep. 227
There are things to pay attention to if you want to become a successful property investor, a combination of things you should be doing and those you shouldn’t be doing and Shaz goes through the ones that really make the difference in a property business from understanding it's about cash flow and capital appreciation to running your property business with the same procedures and systems that any company has in place, Shaz explains exactly what to do and what not to do! KEY TAKEAWAYS Property and...
Aug 18, 2022•15 min•Ep. 226
If you want to make inheritance tax work for you and your children you need to start planning from day one of your business and Shaz discusses the different ways you can do this through alphabet shares, keeping the income flowing to you but ensuring the capital will be there for your children He also answers questions about transferring properties into a limited company and explains the points at which it is beneficial for tax purposes KEY TAKEAWAYS Keep the income flowing to you but the capital...
Aug 16, 2022•23 min•Ep. 225
Shaz is with a live audience and takes us, in detail, through particular scenarios about shares. He also discusses the different classes of shares and the tax implications There are some interesting questions that investors and business owners are working through right now and Shaz shares his detailed knowledge and expertise about the best solutions KEY TAKEAWAYS If you have two companies in a holding company structure and the profits are over a certain threshold you will pay more tax collective...
Aug 10, 2022•19 min•Ep. 224
In this episode, Shaz takes a look at tax for cars and the potential benefits of going all-electric He also, with his audience, goes through several live examples of capital gains tax discussing when it is payable and how it's calculated. With great informative content, this is a must listen KEY TAKEAWAYS As a sole trader/partnership or limited partnership, you work out the miles you drive for business and those for personal purposes If you have a company car you pay company car tax on the list ...
Aug 08, 2022•15 min•Ep. 223
