Wealth Made Simple Podcast

Shaz explains the benefits of incorporating and why for properties owned it can bring an uplift in base value when you incorporate This episode also includes questions and answers from those in the room with Shaz and these provide great information on specific examples that will be useful for listeners   KEY TAKEAWAYS If you are incorporating property into a limited company you will be liable for...

Shaz looks at company structure and the importance of having a structure that is flexible and works for you There are a range of aspects you need to consider and this is a great opportunity to hear about a flexible company structure that can meet the needs of your business plan, objectives and make you tax efficient   KEY TAKEAWAYS The right business structure must be flexible and needs to be in l...

Shaz explains the crucial details around money you take out from a company and how to do it in the right way along with informative content about tax and interest. He also goes through the best way to loan money to your company and discusses the rate of interest you should be considering This is a great episode packed with advice and information, listen in and learn more   KEY TAKEAWAYS If you bor...

Shaz discusses the differences between various business structures and looks in detail at how a limited company operates He answers questions from his audience and explains the importance of a shareholder’s agreement along with great advice on the detail of setting up and running a limited company   KEY TAKEAWAYS With a limited company, you have limited liability The bank wants a commitment from y...

Shaz answers questions on what linked transactions are and discusses with his live audience what makes a property habitable and uninhabitable for the purposes of mortgages and the threshold for stamp duty land tax Listen in and hear great information and advice that will help you with when SDLT is applicable and when a linked transaction can be beneficial   KEY TAKEAWAYS Linked transactions are pa...

Shaz is with a live audience and takes the example of a property entrepreneur who has 2 HMO properties that they want to change, sell and be able to claim entrepreneurs’ relief Using this example Shaz explains the different options that will mean that the investor can ultimately sell and claim entrepreneur's relief if they follow the advice to meet the criteria set by HMRC   KEY TAKEAWAYS If it’s...

Shaz is going through how and why  you should incorporate and the tax benefits if you do it the right way He also takes a look at entrepreneurs' relief and how you can claim it along with great information about investors' relief and explains using great real-life examples why taking a longer view about what you are doing can make a positive difference financially   KEY TAKEAWAYS When buying comme...

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...

Shaz goes through when capital allowances can be claimed and when they can’t. He uses a specific example of serviced accommodation and looks at how you can minimise your potential exposure both now and in the future in this informative episode   KEY TAKEAWAYS Serviced accommodation units have an annual investment allowance, you can claim all of the capital allowances up to a certain amount at one...

Shaz answers questions about Land remediation, Stamp Duty Land Tax and buying property in an SSAS He answers very specific questions and shares answers that will help anyone who is involved in property, listen in and learn more   KEY TAKEAWAYS If you get a discount because of work needed to remove contamination there is no additional tax relief If you are buying a property in an SSAS there are no...

Shaz goes into what makes a property uninhabitable and discusses Stamp Duty Land Tax levels connected to linked transactions He challenges his live audience to come up with some of the answers and explains in detail why an answer is correct or otherwise. This is another episode with great practical information for those involved with property   KEY TAKEAWAYS SDLT goes up in different stages and la...

Shaz talks us through a property he bought back in 2018 for £500,000 explaining the step by step process and the multiple tax savings he made during the purchase and development process. Using this real world example provides a great opportunity to understand how to take advantage of all of the potential tax savings available because  together they add up to a substantial amount that impacts signi...

Shaz works through detailed real life examples to explain how incorporation and entrepreneurs' and investors' relief can be effectively used in your business Understanding  the rules and procedures around how your business needs to be structured to make the most of the tax relief available is crucial and Shaz shares great content in this episode   KEY TAKEAWAYS If you are running serviced accommod...

Shaz takes us through one of his projects sharing great information about planning and how the challenges can be overcome along with how his experience created the opportunity for no money down deals He answers other questions from his live audience covering Section 162 incorporation tax relief and the flexibility of LLPs This is a great opportunity to hear more about the questions that property e...

In this episode, Shaz answers wide ranging questions from a live audience about commercials conversions, holding companies, capital allowances and TOM’s He also discusses the ins and outs of business structure and whether your company is classified as a trading or investment business Listen in and find out more   KEY TAKEAWAYS Renting properties makes the company a trading company A holding compan...

What’s the Company structure for commercial conversions? is a frequently asked question and in this episode, Shaz explains all He shares invaluable content on why setting up a holding company provides the flexibility you need to be able to scale and grow and explains why when you are a trading company there are potentially useful tax reliefs available   KEY TAKEAWAYS Only do one commercial convers...

Shaz is sharing the top 5 key things that will really make a difference, making it easy for those who are just starting out or want to grow their property business He discusses why you don’t need lots of money to get into property and how commercial conversions are game changers If you want to grow your business advice from those who have experience and credibility is always worth listening to and...

Shaz has done the hard work for anyone who is wondering where in the UK to invest  and compiled a list of the best places and explains why in this episode packed with valuable content From Manchester to Glasgow there are great places to look at carefully if you are a property investor. You need to make sure the numbers stack up and know which strategy you will be using along with visiting to get a...

Stamp duty land tax (SDLT) is one of Shaz’s favourite topics but is also one of the least understood in taxation. Shaz takes a look at how stamp duty land tax works and some of the rules and procedures that apply to it, including the thresholds for different bands of payment and some of the rules around uninhabited properties and multiple purchases. Listen in and learn more   KEY TAKEAWAYS Stamp d...

In this episode, Shaz looks at what you need to do to put yourself in the right place to attract JV partners Hear about why it's important to believe in yourself and begin with smaller steps and do smaller deals that will build your credibility and believability. When you are getting started you need to be on social media consistently sharing what you are doing, what’s going well, what’s not and w...

When people are building their property portfolio they often set a goal linked to achieving a certain number of properties but Shaz explains how looking at the income you want to achieve and the different strategies available mean you can reach your goal faster He uses his own recent project as an example of how you can achieve more with a joint venture partner and takes us through the numbers and...

Whatever the deal you are looking at its important to have an accurate appraisal and in this episode, Shaz explains stage 1 of his 3 stage process for appraisal When you have worked out an overview of costs for acquisition, net saleable area, and development you will know if the deal is worth looking at further Shaz explains the process and then takes us through an example so this is a great  epis...

Different deals work for different people and Shaz explains how when you understand what you are good at and what your parameters are and you can confidently look at whether a deal is right for you. When you make sure you look at any deal with your head, not your heart, have the right budget in place and always review both the potential upside and the downside then you have put yourself in the rig...

As an entrepreneur with extensive experience and expertise, Shaz has some great tips on what you can do to develop and improve your mindset He has learnt to think about things in a different way and explains why mistakes are the gift of learning, how taking responsibility and being decisive about taking action are crucial and shares the key to self-management Those who want to learn, listen, chang...

Shaz has identified the five key areas you need to think carefully about before investing in property. These tips are a good starting point for identifying the best areas to invest in and how to do the research that will mean you are buying  income-producing properties that work for you generating positive cash flow every month and providing capital growth over time Investing in property is a grea...