Shaz is with a live audience and takes us, in detail, through particular scenarios about shares. He also discusses the different classes of shares and the tax implications
There are some interesting questions that investors and business owners are working through right now and Shaz shares his detailed knowledge and expertise about the best solutions
KEY TAKEAWAYS
If you have two companies in a holding company structure and the profits are over a certain threshold you will pay more tax collectively
There are advantages to a holding company structure that can outweigh any additional tax
A buy-to-let property company can’t claim VAT
A company within a holding company can move money as a tax-free dividend
Don’t mix trading and investment businesses
Settlements legislation stops a husband or wife from transferring funds to avoid tax payments
If you are giving shares to your child it should be less than 20%
You can freeze the value of the shares today and assign all future growth to new shares making them freezer shares and growth shares
You can assign a dividend to a particular class of share
Entrepreneurs’ relief allows you to invest on day one and if you keep the shares for 3 years only pay 10% tax when you exit the business
BEST MOMENTS
‘The holding company is a shareholder of the other companies
‘You can give alphabet shares with no voting rights’
‘If you own over 20% in a company you have certain rights’
VALUABLE RESOURCES
shaz@aaa-accountants.co.uk
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
YouTube.
