ZARZA We are Zarza, the prestigious firm behind major projects in information technology.
Listen "Sessions with Shaz Q&A’s on Incorporating, Shares, LLPs, and Cars"
Episode Synopsis
Shaz is explaining the tax benefits of different business structures and discusses LLPs, limited companies, and partnerships
He also answers questions on company cars and how to effectively structure shares to give you the most flexibility when paying dividends
This is a chance to hear great content about what you can do in your business to make sure you take are tax-efficient
KEY TAKEAWAYS
If you have a business you can incorporate your property portfolio and not pay capital gains tax
A business is somewhere you work for more than twenty hours per week
If a partnership incorporates there is no stamp duty land tax to pay
A company is a separate entity
Create alphabet shares to give the flexibility to pay dividends to only one class of shares
Never own your home through a limited company as you will pay rental and capital gains tax on it
LLP is transparent for tax purposes and doesn’t pay any tax it’s the individual partners that pay tax
Capital allowances and company cars can lower the amount of profit and pay less tax to an LLP
Work out the best structure for your business and add the tax to find out which is the best for you
LLPs are more flexible, limited companies are less flexible. With property have at least one business running as an LLP
BEST MOMENTS
‘With one property you are not that exposed’
‘With alphabet shares, you have the flexibility to pay different dividends’
‘If you are buying a car through a limited company buy an electric car’
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.
He also answers questions on company cars and how to effectively structure shares to give you the most flexibility when paying dividends
This is a chance to hear great content about what you can do in your business to make sure you take are tax-efficient
KEY TAKEAWAYS
If you have a business you can incorporate your property portfolio and not pay capital gains tax
A business is somewhere you work for more than twenty hours per week
If a partnership incorporates there is no stamp duty land tax to pay
A company is a separate entity
Create alphabet shares to give the flexibility to pay dividends to only one class of shares
Never own your home through a limited company as you will pay rental and capital gains tax on it
LLP is transparent for tax purposes and doesn’t pay any tax it’s the individual partners that pay tax
Capital allowances and company cars can lower the amount of profit and pay less tax to an LLP
Work out the best structure for your business and add the tax to find out which is the best for you
LLPs are more flexible, limited companies are less flexible. With property have at least one business running as an LLP
BEST MOMENTS
‘With one property you are not that exposed’
‘With alphabet shares, you have the flexibility to pay different dividends’
‘If you are buying a car through a limited company buy an electric car’
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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