Listen "A Brief History Of Tax"
Episode Synopsis
Shaz and Kieron delve into the complex and often misunderstood world of taxes, discussing the various factors that determine how much tax an individual should pay, and highlighting the importance of understanding one's specific situation and goals.
KEY TAKEAWAYS
The tax system is complex and poorly understood, requiring the expertise of professionals to navigate effectively.
There are numerous tax reliefs, exemptions, and allowances available that can significantly reduce one's tax burden if utilised properly.
It is within an individual's rights and obligations to structure their tax affairs in a way that minimises their tax liability, as long as it is done legally and in accordance with the tax code.
The tax system is not a level playing field, as those with access to information and expert advice can benefit more from tax planning and optimisation.
BEST MOMENTS
"I think every question, the answer to every question should start with it depends."
"No wonder so many people are struggling… It's just… a lot of tax."
"A good tax expert should save you more than they charge you."
"If you've got enough money to invest in someone that knows the tax code, you can be more efficient."
"It's not a level playing field… One person has access to information, the other doesn't, so that person benefits."
VALUABLE RESOURCES
[email protected]
https://www.facebook.com/shaznawaz11 https://www.linkedin.com/in/shaznawaz/ https://www.instagram.com/parkwardlabour/ https://www.youtube.com/channel/UCJCDESxIqYjhiIBxJ90nKwQ?disable_polymer=true
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.
KEY TAKEAWAYS
The tax system is complex and poorly understood, requiring the expertise of professionals to navigate effectively.
There are numerous tax reliefs, exemptions, and allowances available that can significantly reduce one's tax burden if utilised properly.
It is within an individual's rights and obligations to structure their tax affairs in a way that minimises their tax liability, as long as it is done legally and in accordance with the tax code.
The tax system is not a level playing field, as those with access to information and expert advice can benefit more from tax planning and optimisation.
BEST MOMENTS
"I think every question, the answer to every question should start with it depends."
"No wonder so many people are struggling… It's just… a lot of tax."
"A good tax expert should save you more than they charge you."
"If you've got enough money to invest in someone that knows the tax code, you can be more efficient."
"It's not a level playing field… One person has access to information, the other doesn't, so that person benefits."
VALUABLE RESOURCES
[email protected]
https://www.facebook.com/shaznawaz11 https://www.linkedin.com/in/shaznawaz/ https://www.instagram.com/parkwardlabour/ https://www.youtube.com/channel/UCJCDESxIqYjhiIBxJ90nKwQ?disable_polymer=true
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.
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