How To Raise Money Podcast

Welcome to Raising Angel (Alternate) Funding. What does success look like for you? Join Ray Mclennan discussing wealth hacks including pension transfer values, capital gains tax, stamp duty, which questions to ask investors, mind-set, training and strategy. KEY TAKEAWAYS Capital Gains Tax. Buy something, sell it, make an uplift and pay tax on it. You pay tax on everything else, now you've got to pay tax on the uplift. Wouldn't it be nice to to pay that tax...? Wouldn't it be useful? Stamp Duty. In England and Wales this is one thing. In Scotland it's called land and buildings transaction tax. LBTT. It's even higher there. If you're buying a commercial property, the stamp duty can be eye-watering at times. It used to be a price you pay to get your document stamped. Literally £50-100. Then they started to make it a percentage of the property. In 2004, stamp duty went up by 400% virtually overnight. Wouldn't it be nice, not to pay stamp duty...? Fees. Usually a project such as a commercial conversion, the t