Joshua Tharby
Joshua Tharby
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Before setting up a limited company watch this
If you want to pay less in tax before setting up your next limited company watch this video to ensure you're setting it up correctly.
Most limited companies are set up as simple ordinary limited companies with an ordinary class of shares, cheap and easy to set up but they offer limited tax planning opportunities. Instead you need to ensure you set yours up with alphabet, freezer, or growth shares to minimise taxes.
To work with me in getting your company structure set up correctly to save you tax, book a call with my team here - jsmpartners.co.uk/join-us/
Переглядів: 298

Відео

Watch this if you're a property investor with property worth over £500,000 | ATED explained
Переглядів 875Місяць тому
If you're a limited company property investor with properties worth over £500,000 you must know about ATED, if you don't HMRC will hit you with significant fines and penalties. Chartered Tax Adviser Joshua Tharby explains everything you need to know about this often misunderstood tax.
How to Pay Yourself as a Limited Company Director in 2024/25 Best Salary V Dividends and Interest
Переглядів 1,6 тис.2 місяці тому
In this video Chartered Tax Adviser Joshua Tharby shares the basics of income tax and corporation tax, and the factors they play in determining the most tax efficient salary and dividend mix. If you're a limited company director or shareholder and want to know the most tax efficient way to extract cash from your business this is essential viewing! Want to work with us? Book a call at www.jsmpar...
How limited company directors can take almost £20,000 tax free each year
Переглядів 2,3 тис.2 місяці тому
How limited company directors can take almost £20,000 tax free each year
How UK inheritance tax works and 6 ways to legally avoid it
Переглядів 3,8 тис.4 місяці тому
How UK inheritance tax works and 6 ways to legally avoid it
Huge SDLT saving strategy but care must be taken.. buying company v buying property
Переглядів 5945 місяців тому
Huge SDLT saving strategy but care must be taken.. buying company v buying property
Do you have to pay tax when you remortgage a property? Property tax expert explains everything
Переглядів 5765 місяців тому
Do you have to pay tax when you remortgage a property? Property tax expert explains everything
Everything you need to know about serviced accommodation and VAT inc TOMS
Переглядів 3795 місяців тому
Everything you need to know about serviced accommodation and VAT inc TOMS
5 Tips To Help You Complete Your UK Personal Self Assessment Tax Return
Переглядів 8227 місяців тому
5 Tips To Help You Complete Your UK Personal Self Assessment Tax Return
The Ultimate Guide to UK Limited Company Accounting and Tax
Переглядів 4,9 тис.7 місяців тому
The Ultimate Guide to UK Limited Company Accounting and Tax
Smart Ways to Pay Less in Property Taxes Right Now
Переглядів 1,7 тис.7 місяців тому
Smart Ways to Pay Less in Property Taxes Right Now
5 Ways You Can Pay Less in Tax by Relocating to Dubai
Переглядів 1,1 тис.8 місяців тому
5 Ways You Can Pay Less in Tax by Relocating to Dubai
Maximise Your Tax Savings with These 3 Business Structures
Переглядів 1,4 тис.8 місяців тому
Maximise Your Tax Savings with These 3 Business Structures
Family Investment Companies Explained by a Chartered Tax Adviser
Переглядів 2,8 тис.8 місяців тому
Family Investment Companies Explained by a Chartered Tax Adviser
5 Ways You Can Reduce Your Corporation Tax Bill as a Limited Company Director
Переглядів 2,4 тис.8 місяців тому
5 Ways You Can Reduce Your Corporation Tax Bill as a Limited Company Director
TAX ADVISER SHARES THE 3 BIGGEST PROPERTY TAX MISTAKES
Переглядів 6708 місяців тому
TAX ADVISER SHARES THE 3 BIGGEST PROPERTY TAX MISTAKES
Accountant Explains How To Set Up Your Own UK Limited Company Group Structure
Переглядів 2,3 тис.8 місяців тому
Accountant Explains How To Set Up Your Own UK Limited Company Group Structure
Incorporating a Property Portfolio… Where Are We Now?
Переглядів 8838 місяців тому
Incorporating a Property Portfolio… Where Are We Now?
Tax Havens 101: A Guide to Lowering Your Taxes Legally
Переглядів 5638 місяців тому
Tax Havens 101: A Guide to Lowering Your Taxes Legally
How to become a millionaire 🤑
Переглядів 3498 місяців тому
How to become a millionaire 🤑
My Strategy to Build £10,000,000 Net Worth and How You Can Copy It
Переглядів 1,3 тис.9 місяців тому
My Strategy to Build £10,000,000 Net Worth and How You Can Copy It
How to make your first £100,000
Переглядів 3819 місяців тому
How to make your first £100,000
MUST WATCH IF MOVING OVERSEAS | The 5 Year Rule Explained aka Temporary Non-Residence Rules
Переглядів 6699 місяців тому
MUST WATCH IF MOVING OVERSEAS | The 5 Year Rule Explained aka Temporary Non-Residence Rules
How to Take Money From Your Business Tax Free When Living Overseas in 2023
Переглядів 9449 місяців тому
How to Take Money From Your Business Tax Free When Living Overseas in 2023
Why You Should Consider Relocating Overseas and Leaving the UK
Переглядів 1,1 тис.9 місяців тому
Why You Should Consider Relocating Overseas and Leaving the UK
WARNING: Landlords and Property Investors Need To Avoid Property 118 | Tax Avoidance Scheme Exposed
Переглядів 2,7 тис.9 місяців тому
WARNING: Landlords and Property Investors Need To Avoid Property 118 | Tax Avoidance Scheme Exposed
Should You Stay in the UK? (2023)
Переглядів 6699 місяців тому
Should You Stay in the UK? (2023)
Should You Move to Dubai? (My Honest Review)
Переглядів 4,8 тис.9 місяців тому
Should You Move to Dubai? (My Honest Review)
My journey to legally reducing my taxes by over 90% and reclaiming my freedom
Переглядів 9769 місяців тому
My journey to legally reducing my taxes by over 90% and reclaiming my freedom
UK Expat Property Investment Taxes Explained By Tax Advisor
Переглядів 6329 місяців тому
UK Expat Property Investment Taxes Explained By Tax Advisor

КОМЕНТАРІ

  • @nedal.13
    @nedal.13 10 хвилин тому

    Hey i am interested in working with yourself. I currently work full-time in the UK. And planning to start my consultancy company and register myself as a Data Analyst. So, nothing is set on the companies house yet. When i click on the link and attempt to book a call, i am asked about my company's name and revenue. Do you not work with individuals like me who are in the process of starting a company? I am looking to start the company after planning the best/most tax efficient route, and as an Arabic speaker, move to Dubai is an idea circulating in my head. I look forward to your reply Josh :) Thank you!

  • @MrYossi2010
    @MrYossi2010 4 години тому

    Thanks for doing the video. I personally found the information you shared really useful to me.

  • @HussainAdam1
    @HussainAdam1 3 дні тому

    What a waste of a video!!!

  • @StrykerGamingOfficial
    @StrykerGamingOfficial 4 дні тому

    Nice video Josh, you should definitely come back to UA-cam and make more!

  • @davidcalvert-smith4633
    @davidcalvert-smith4633 4 дні тому

    Can you introduce alphabet shares at a later date? I appreciate it’s not as efficient because some of the capital growth is already in the main shares. It’s a pain to get lending with alphabet shares. TMW even insists all shareholders are directors.

    • @JoshuaTharby
      @JoshuaTharby 3 дні тому

      Yes you can introduce at a later date.

  • @florincarare751
    @florincarare751 4 дні тому

    Thanks

  • @knightatthecrossroads222
    @knightatthecrossroads222 4 дні тому

    Starling asks too much questions......way too much.

  • @user-pw8mp6pn5r
    @user-pw8mp6pn5r 5 днів тому

    Tide bank worst service. Revolut best 🎉🎉

  • @Smidday1
    @Smidday1 5 днів тому

    How to get into prison step 1

  • @badboytomas
    @badboytomas 7 днів тому

    @samuelleeds is this true?

  • @badboytomas
    @badboytomas 7 днів тому

    can you make a video on a client deposit bank account?

  • @Gilly-gx8rt
    @Gilly-gx8rt 10 днів тому

    Think very carefully before doing this! Great if you have kids to leave it to. If Not so easy to get your cash back out - double taxation !

  • @airdog1829
    @airdog1829 14 днів тому

    How're you expected to pay inheritance tax before you've even sold the inherited property? There's no cash there yet. 🤔

  • @ecl6nb
    @ecl6nb 15 днів тому

    Aren't you using the term ‘non-domiciled’ when you actually mean ‘non-resident’? Your domicile is where you come from. You can’t become a non-dom by leaving the UK - only a UK non-resident.

  • @keifer7813
    @keifer7813 15 днів тому

    Teaching people how to exacerbate wealth inequality, nice 👍

  • @VickiMM
    @VickiMM 15 днів тому

    So useful, thank you!

  • @HeraclesWeb3
    @HeraclesWeb3 15 днів тому

    Mate I would love to connect with you directly if possible 🙏🏻 I am just about to start my first company and this is all new to me

  • @HeraclesWeb3
    @HeraclesWeb3 15 днів тому

    Great video mate 🔥 I am literally looking to set up my first business and have another 3 to follow in quick succession. I am open to moving to a better tax haven in Europe but have children and need to be able to spend as much time in the UK as possible. I am interested in learning more about trust funds and holding companies etc. Is there anyway I could contact you directly and get some advice please 🙏🏻

  • @user-yv6qj3po8s
    @user-yv6qj3po8s 16 днів тому

    Bloody business trips, pain in the arse 3x a year I'll have you know

  • @trendingtopicresearch9440
    @trendingtopicresearch9440 16 днів тому

    Croatia, 10%

  • @Jeffybonbon
    @Jeffybonbon 16 днів тому

    Intresting watching this and how things have changed I would not be surprised if Labour make dividend tax the same a Income tax that would mean a basic rate Director would be paying around 40% tax to with draw dividends higher rate taax payer would pay a lot more too

  • @OnlyOneFormula
    @OnlyOneFormula 16 днів тому

    Hi Joshua, I own 2 rental properties in the UK, but I'm about to move to the USA any idea how the tax would work?

  • @fozlerabbi2000
    @fozlerabbi2000 17 днів тому

    Or you can just set up another company in dubai and from that dubai company invoice the Uk company as a consultancy fee and just pay the dubai company from you r uk company

  • @jazzeveningmusic2656
    @jazzeveningmusic2656 19 днів тому

    Great information, it will be great to contact you if possible

  • @Alfie-ld7zn
    @Alfie-ld7zn 21 день тому

    Hi the links in the desc aren't working anymore

  • @Lil_Mood_
    @Lil_Mood_ 22 дні тому

    you need to rename this video to 'how to register' as you're not showing how to use companies house to change anything!

  • @andywall2401
    @andywall2401 23 дні тому

    Thank you brilliant 😊

  • @andywall2401
    @andywall2401 23 дні тому

    Brilliant thank you 🙏

  • @cidadaoPPT
    @cidadaoPPT 25 днів тому

    dude even if the content is good I couldn't keep up with all the hand movement. chill ffs!

  • @visionexperts
    @visionexperts 26 днів тому

    Wouldn’t the holding company need to pay the company tax on the dividend money they get from subsidiary companies?

  • @muhammadtariqkhan6467
    @muhammadtariqkhan6467 28 днів тому

    Great explanation !!

  • @hawkinsn31
    @hawkinsn31 29 днів тому

    HMRC Form R43 is only for property income of less than GBP 2500.00 any more and you need to register for self assessment. I am not sure how the personal allowance is claimed in the UK as an expat but it may be via the SA109 tax return ?

  • @carolinarodriguez7964
    @carolinarodriguez7964 29 днів тому

    What about latent tax -Latent Gains Impact On Finance Cost Tax Credits + CGT At Incorporation Of Property Rental Businesses?

  • @RafaelSchaider
    @RafaelSchaider Місяць тому

    anyone knows why this company is not registered for VAT with a turnover of 1.6M ? wondering why or if i got the VAT thing all wrong....

  • @MrCFresh
    @MrCFresh Місяць тому

    Excellent. Just wish I had the money to do this. I am about the Level of a Poor Church Mouse.

  • @malachifullerton3042
    @malachifullerton3042 Місяць тому

    Love to speak to someone about my business

  • @adriangrantham9330
    @adriangrantham9330 Місяць тому

    How does this work in terms of director pension contributions?

  • @jtlondon81
    @jtlondon81 Місяць тому

    Hi mate I am the sole sharehoder and director of a ltd company in a property investment, however I would like to split half the company in every way with equal shares with my new business partner who will then own half the property in tje company, however i take it they would they also then automatically take on 50% of the debts the company also has? Thanks

  • @SMGPropertyManagement
    @SMGPropertyManagement Місяць тому

    Do you need an accountant if the LTD business has made no money in the year?

  • @kbc138
    @kbc138 Місяць тому

    Excellent and clear information on conditions of transfering properties into a company

  • @PietroFGReal
    @PietroFGReal Місяць тому

    Hi Joshua, Thank you for the video - much appreciated - by let on a commercial basis do you mean normal regulated AST tenancy at market rate?

  • @MarariVillasPrivatePoolVillas
    @MarariVillasPrivatePoolVillas Місяць тому

    Can you pay yourself salary (with the company paying PAYE Income Tax and NICs) so you build up additional Directors Loan Account balance for future tax free payment?

  • @SerYoga1
    @SerYoga1 Місяць тому

    Good man thank you 😊👍

  • @peterkitchener1156
    @peterkitchener1156 Місяць тому

    is there a limit to how much interest you can charge on your directors loan account?

  • @anichez34
    @anichez34 Місяць тому

    Can use use a 1. fic if your btl properties are mortgaged.. 2. Are you able to move btl into fic without setting up a partnership.. I don't have partnership option and my kids are under 18

  • @pboni
    @pboni Місяць тому

    TLDR: if you are tax resident in UK and you are managing the Dubai company from UK, then the company is deemed to be taxed in the UK

  • @johnporcella2375
    @johnporcella2375 Місяць тому

    What about going from a sole trader to incorporation avoiding partnerships? After all, not every landlord is married or has a business partner! Any way to do it avoiding CGT?

  • @olitonottero7620
    @olitonottero7620 Місяць тому

    Great share!! I might have missed it but it would have been nice if it started with a disclaimer that this ATED 'wealth tax' for residential landlords does not apply if the value of each individual property is less than the limit £500k. You scared the living s#*t out of me here

  • @Lou-jg7vw
    @Lou-jg7vw Місяць тому

    So it's per property £500k+ plus, not the portfolio of properties worth £500k+? Great video, enjoyed the format, very informative

    • @olitonottero7620
      @olitonottero7620 Місяць тому

      I had the same question and found this (on ukpropertyaccountants): "For example, if the company owns more than one property whose total value is more than £500,000, but the value of the individual property is less than the limit, ATED will not be applicable."

    • @JoshuaTharby
      @JoshuaTharby Місяць тому

      Yes! Thank you!

  • @ipprp7898
    @ipprp7898 Місяць тому

    Tlove your videos, have leant so much from all those advises. Thank you! I wonder if you could you make a video about how to protect your asset and your company after the dead of sole director shareholder, who would be in charge and running the company, what happens to those investments in that company and what to do now to avoid the disaster whicj will end up of loosing everything? I think it's of the most important matters that not many UA-camr investers mentioned it on here. Thank you.