81: Why the Rich Pay LESS Tax Than You!
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In this episode of the Property Investors Podcast, Russell and Anna Leeds delve into how entrepreneurs and property investors can legally structure their businesses to earn significant income while minimizing tax liabilities. They cover strategies such as working from home benefits, claiming business expenses, utilizing pensions, and leveraging dividends. Examples of tax-saving techniques used by major companies like Starbucks are also discussed. This comprehensive guide aims to help business owners understand how to optimize their finances within legal boundaries.
Timestamps
00:00 Introduction to Tax Savings for Entrepreneurs
00:18 The Temptation of Dubai for Tax Savings
02:21 Starbucks' Clever Tax Strategies
04:28 The Moral Debate on Tax Avoidance
09:15 Tax Benefits of Working from Home
13:29 Claiming Home Internet and Tech Expenses
14:35 Mobile Phones: One or Two?
17:19 Business Phone and Webinar Announcement
17:42 Business Meals and Travel Expenses
21:55 Training and Education Expenses
23:31 Salary and Dividends Strategy
27:58 Pension Contributions and Tax Benefits
34:21 Final Recap and Key Takeaways
FOLLOW US ON SOCIAL MEDIA:
https://www.instagram.com/russellleeds/
https://www.instagram.com/anna.n.leeds/
In this episode of the Property Investors Podcast, Russell and Anna Leeds delve into how entrepreneurs and property investors can legally structure their businesses to earn significant income while minimizing tax liabilities. They cover strategies such as working from home benefits, claiming business expenses, utilizing pensions, and leveraging dividends. Examples of tax-saving techniques used by major companies like Starbucks are also discussed. This comprehensive guide aims to help business owners understand how to optimize their finances within legal boundaries.
Timestamps
00:00 Introduction to Tax Savings for Entrepreneurs
00:18 The Temptation of Dubai for Tax Savings
02:21 Starbucks' Clever Tax Strategies
04:28 The Moral Debate on Tax Avoidance
09:15 Tax Benefits of Working from Home
13:29 Claiming Home Internet and Tech Expenses
14:35 Mobile Phones: One or Two?
17:19 Business Phone and Webinar Announcement
17:42 Business Meals and Travel Expenses
21:55 Training and Education Expenses
23:31 Salary and Dividends Strategy
27:58 Pension Contributions and Tax Benefits
34:21 Final Recap and Key Takeaways
FOLLOW US ON SOCIAL MEDIA:
https://www.instagram.com/russellleeds/
https://www.instagram.com/anna.n.leeds/
82 episodes