Live Question On Capital Allowances
Episode description
Live from one of his spellbinding events, Shaz answers a pertinent and important question about the differences between HMOs and SAs when it comes to capital allowances.
KEY TAKEAWAYS
- When it comes to serviced accommodation, for all expenditure that you incur, you can reclaim quickly for anything that is fixed to the building that is not an inherent part of the building itself.
- Negotiate with your seller when it comes to capital allowances. You have two bites at the cherry: when you first purchase a property, and then when you refurbish the property.
BEST MOMENTS
'For serviced accommodation it is well worth doing!'
'Find out if the previous person has claimed for any capital allowances'
VALUABLE RESOURCES
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: