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Is Paying Tax a Choice? | UK Property News | Saj Hussain
Rishi Sunak’s family affairs have been in the news recently as his wife Akshata Murthy has Non-domiciled (Non-dom) status, which means she pays no tax on her overseas income. Critics say it is unfair because it allows those with the status to enjoy the benefits of UK infrastructure without being subject to the same tax rules that apply to most people. However, they have not broken to law. So, is paying Tax a choice? What can you do to reduce your property taxes?
#propertytaxuk #propertytax2022 #rishisunak
0:00 - Understanding Tax Expenses in your Property Business
0:50 - How to mitigate your tax expenses using the right strategies and techniques
1:49 - Find the best tax accountants that help you keep on the right side of HMRC
2:50 - Why do some of the wealthiest people in the country pay less tax
3:10 - Stamp Duty Land Tax
4:14 - Capital Gains Tax
4:54 - Corporation Tax
5:08 - Income Tax
5:29 - Section 24 Tax
6:36 - The importance and benefits of getting a specialist property accountant
7:17 - Submitting the right allowable expenses to offset your tax bill
8:08 - Right kind of Tax Allowances
8:30 - Utilising Limited Companies and LLPs
8:45 - Reviewing existing property portfolio
9:09 - Investing in Commercial Property
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