Listen "CA Pools"
Episode Synopsis
Shaz talks about capital allowance pools and how they work, with a focus on capital allowance and property investing.
KEY TAKEAWAYS
You can claim less than 18% of your plant and machinery pool, but you may not exceed 18% when claiming.
If you don't create a taxable loss, then numbers may be reduced the following year, so it's always wise to claim the full amount where possible.
BEST MOMENTS
'The rate is determined by the government'
'You create a taxable loss and carry it forward'
VALUABLE RESOURCES
[email protected]
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:
Facebook
LinkedIn
Instagram
YouTube.
KEY TAKEAWAYS
You can claim less than 18% of your plant and machinery pool, but you may not exceed 18% when claiming.
If you don't create a taxable loss, then numbers may be reduced the following year, so it's always wise to claim the full amount where possible.
BEST MOMENTS
'The rate is determined by the government'
'You create a taxable loss and carry it forward'
VALUABLE RESOURCES
[email protected]
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:
YouTube.
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ZARZA We are Zarza, the prestigious firm behind major projects in information technology.