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24,495 Views ⢠Jun 7, 2024 ⢠Click to toggle off description
Views : 24,495
Genre: Education
Jun 7, 2024 ^^
warning: returnyoutubedislikes may not be accurate, this is just an estiment ehe :3
Rating : 4.673 (42/471 LTDR)
91.81% of the users lieked the video!!
8.19% of the users dislieked the video!!
User score: 87.72- Overwhelmingly Positive
RYD date created : 2024-06-23T23:27:39.909867Z
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YouTube Comments - 48 Comments
Top Comments of this video!! :3
Great advice.
But your voice is very annoying. Sorry.
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Ltd Cos are taxed at 25% on profit so you're just swapping one tax for another.
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There is a corporate tax against your profit.
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This is a breakthrough I must let the people know
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Yes, but then if you want to take it out of the company you pay income tax at 45% rather than CGT at 24%. Why not just pay the CGT and the the money is yours?
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You don't make much from renovations of property anymore you make walk with 8k profit after messing around for 6 months but the market is not so elastic that it will allow you to just put of every property with a great years salary .
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What about the inflated stamp duty for buying a second property? Even if your doing it through a limited company that still applies
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Youâre part of the reason our housing market is such a mess ! Be proud of yourself keep up the good work đŠ
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Spiv
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.. so you take a wage and dividends.. from the Ltd co.. write off all wages and expenses ⌠staff wages , contractors and sub contractors, estate agents, insurance, legal fees, refurbishment costs, petrol / fuel costs, mobile phones .. (?).. conference - meeting make, lunches and business brunchesâŚ
And you say you are personally a millionaireâŚ
Wow⌠.. I think a forensic accountant breeds a good look at your books..
I could save you a bit more though.. !
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The amount of material in that swimsuit tells me you paid a lot of tax on it
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â¤
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This is all temporal need đ, Praise the lord he is my treasur
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do you know how this works in Holland? with the limited company stuff?
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Rich people stuff. I swear you tube is taking the piss out of me.
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But the ltd company owns the property so you canât sell it and own it. The ltd company can sell it and own it, which means the ltd company (you) still pays some sort of tax on the future
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â¤â¤â¤â¤â¤â¤â¤
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âsomething what we call capital allowancesâ
She like Amy Winehouse just with an extra chromosome.
Never take business or financial advice from someone with a drink in there hand or wearing a bathing suit.
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You remind me of pawn broker in north...think Dan.....u related?
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@PietroShitzberg
2 months ago
âWhat knowledge you knowâ That fucking says it all for me. Any decent accountant, fuck it, any accountant will understand capital allowances and trading profit based on property renovating and sales. If you need some property school to tell you this youâve got no chance. That and the fact that youâd probably return more over a 5 year period with much less stress and headache by investing the same sums of money in the stock market, not picking stocks, just using index funds. Dodgy builders, scummy estate agents, if you decide to rent it, bad paying tenants. No thanks. The easy money being made here is by someone selling a mug punter a course in how to renovate property.
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