ZARZA We are Zarza, the prestigious firm behind major projects in information technology.
Listen "Multiple Dwellings Relief and Expenses"
Episode Synopsis
Shaz goes through the 3 key questions you must always ask yourself before you begin any tax planning
-is it legal?
-is it effective?
-is it acceptable?
He also uses real-life examples to share how SDLT works and the possible opportunities to claim and make SDLT savings when you are buying property, listen in and hear more
KEY TAKEAWAYS
When you are tax planning there are 3 key questions; is it legal? is it effective? is it acceptable?
Multiple dwellings relief means you can divide the price by the number of properties you are buying ad work out the SDLT on each property, you may find there is less to pay in tax
If you are buying 2 or more properties there may be an SDLT saving
If there are 2 or more properties with separate entrances you may be able to claim SDLT relief
You can claim anything in your business as long as its wholly and exclusively for the purpose of your business
BEST MOMENTS
‘If you are comfortable with it do it, but if you are not don’t do it’
‘If you’re buying a property with a granny annexe you may be able to reduce SDLT’
‘There are certain expenses that have a dual purpose’
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.
-is it legal?
-is it effective?
-is it acceptable?
He also uses real-life examples to share how SDLT works and the possible opportunities to claim and make SDLT savings when you are buying property, listen in and hear more
KEY TAKEAWAYS
When you are tax planning there are 3 key questions; is it legal? is it effective? is it acceptable?
Multiple dwellings relief means you can divide the price by the number of properties you are buying ad work out the SDLT on each property, you may find there is less to pay in tax
If you are buying 2 or more properties there may be an SDLT saving
If there are 2 or more properties with separate entrances you may be able to claim SDLT relief
You can claim anything in your business as long as its wholly and exclusively for the purpose of your business
BEST MOMENTS
‘If you are comfortable with it do it, but if you are not don’t do it’
‘If you’re buying a property with a granny annexe you may be able to reduce SDLT’
‘There are certain expenses that have a dual purpose’
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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