UK Corporation Tax Calculator www.optimiseaccountants.co.uk/what-is-a-uk-property-investment-company/uk-limited-company-corporation-tax-calculator/ Get free property investing education here simonmisiewicz.krtra.com/t/kCpRamw4ujdT Property tax basics guide www.optimiseaccountants.co.uk/types-of-uk-property-tax/
@highgatehandyman64798 ай бұрын
Hey. really good video. so valuable
@Simon-Misiewicz-US-UK-Taxes8 ай бұрын
Thank you that is very much appreciated
@akhtaremco Жыл бұрын
Btw great content, keep doing the good work
@Simon-Misiewicz-US-UK-Taxes Жыл бұрын
Thank you 🙏 that is very much appreciated
@ianosiciliano1465 Жыл бұрын
Correct if I am wrong Simon. If I own a limited company and I pay myself a salary of £12,570, then, I would pay 13.25% interest on £3,470 which it would be an expense of £459.775 for the company right? Then, the company will be able to claim back that interest at the end of the year right? Actually, the company, should be able to claim back 19% on £3,470. This should be beneficiary for the company and for the employee who is actually paying some contributions towards the state pension which is good to keep it alive
@Simon-Misiewicz-US-UK-Taxes Жыл бұрын
I am not sure what the 13.25% relates to. Could you advise?
@jamesnoz Жыл бұрын
Adult parents lolz.. Love your content. Appreciate your time and effort.
@Simon-Misiewicz-US-UK-Taxes Жыл бұрын
You are very welcome. I am pleased they are entertaining 🤪
@ianabroad Жыл бұрын
excellent info
@Simon-Misiewicz-US-UK-Taxes Жыл бұрын
Thank you, very kind of you 🙏
@johnfarnell7497 ай бұрын
Great video as allways. Hove you a loan agrement i can down load ?
@Simon-Misiewicz-US-UK-Taxes7 ай бұрын
Sadly I do not have one but do a Google search for loan template and there will be plenty
@akhtaremco Жыл бұрын
Can you pay pension standalone(no salary) out of ltd company spv for buy to let?
@Simon-Misiewicz-US-UK-Taxes Жыл бұрын
Technically this is possible. However, pensions are normally payable to paid employees or directors. It is possible for Hmrc to raise an enquiry as to the commerciality of making the pension contribution
@andrewfallon27196 ай бұрын
The vouchers.. you said £50 every 2 months. Does this mean it’s £300 for company owner every 2 months ?
@Simon-Misiewicz-US-UK-Taxes6 ай бұрын
Hi Andrew £50 every two months resulting in £300 per year 👍
@chrisder1814Ай бұрын
hello I wrote a ltd to sell on Amazon UK I am French and I live in France I don't understand why I receive letters from the English government every two months and the last letter I received was to ask me for money but I don't understand why since I never turnover fact and what I don't understand either is that I thought that Ltd are free? is it possible to change my credit card number and my registered postal address
@Simon-Misiewicz-US-UK-TaxesАй бұрын
I think the best thing for you to do is to contact them and understand what the letter is all about
@chrisder1814Ай бұрын
@@Simon-Misiewicz-US-UK-Taxes of course I did twice for 10 days ago but they don't answer
@Shreddahtrades Жыл бұрын
50k to 250k is not 26.5 , its done on a marginal rate so 250k profit is about 21.94% corp www.tax.service.gov.uk/marginal-relief-calculator/check-your-answers
@Simon-Misiewicz-US-UK-Taxes Жыл бұрын
Not quite The effective tax rate is applied to the entire profits. £100,000 has the marginal profits with 22.75% being £22,750 However if you take away £50,000 which is taxed at 19% being £9,500 The tax on the excess of £50,000 is therefore £13,250 (£22,750 less £9,500). This is 26.5% (£13,350 / £50,000). Does that help you navigate the craziness of corporation tax