Honest Money
Honest Money
  • Видео 165
  • Просмотров 4 257 265
DIRECTORS Can Save THOUSANDS With This Tax Allowance! (Self Assessment 2023/2024)
If you are a DIRECTOR of a limited company, an EMPLOYEE earning less than £17,570 per year or are RETIRED with income below this amount, you could be missing out on HUGE TAX SAVINGS. This is how to AVOID PAYING TAX on your savings interest by combining the "personal savings allowance" and "starting rate for savings allowance".
In the UK, interest earned from savings is subject to tax on savings, as a result, many people choose to use ISAs to help avoid savings tax. However, ISAs rarely pay the highest interest rates and often you can earn more interest from non-ISA savings accounts.
Some savers choose to use non-ISA saving accounts and use the personal savings allowance to avoid paying tax....
Просмотров: 11 091

Видео

Car Leasing UK | End of Lease Inspection Charges | BVRLA Fair Wear & Tear 2024 | How Much Did I Pay?
Просмотров 84 тыс.3 месяца назад
If you are LEASING A CAR in 2024 or considering ordering a new lease car, you need to BE AWARE of what happens at the END of your lease period as it could cost you THOUSANDS in fair wear and tear penalty charges. Car leasing UK is still a relatively new way of buying a new car, however, it is rapidly growing in popularity and often works out cheaper than equivalent PCP deals. It is also known a...
9 x Reasons You Haven't Started Your Own Business (Yet!)
Просмотров 2,7 тыс.3 месяца назад
Starting a business is something that many people aspire to, however, those same people are also very good at finding reasons not to do so! In this video, I want to help you overcome the obstacles that are getting in the way of setting up a business for yourself in 2024. Have you always wanted to start a business but there always seems to be something getting in the way? We often make excuses f...
My Top 5 Tech Gadgets For 2024 (Plus BONUS Product!)
Просмотров 3,3 тыс.3 месяца назад
5 x TOP tech gadgets for 2024 that I use almost every day! These are some of the best tech gadgets you can buy on Amazon in 2024. I have purchased and tested all of these gadgets personally so these are genuine recommendations. Here is my list of links to all of my top gadgets on Amazon: 1) Webcam 4K with Gimbal • amzn.to/4a2t8OW 2) Ultrawide Monitor 1600p • Dell - amzn.to/3vueml1 • LG - amzn.t...
Is It Too Late To Buy Bitcoin?
Просмотров 4,6 тыс.4 месяца назад
Should you buy Bitcoin NOW or is it too late? The TRUTH about whether you should buy Bitcoin in 2024. Bitcoin has recently hit a new all time high confirming that a new bull market is well underway. The big question now is whether it is still early or is it too late to buy Bitcoin in 204. Bitcoin's recent new all time high has led to a huge amount of social media hype and mainstream media cover...
How to Pay Yourself as a Ltd Company UK | BEST Directors Salary 2024/2025 (Dividends vs Salary)
Просмотров 83 тыс.4 месяца назад
The MOST TAX EFFICIENT SALARY to pay yourself as a DIRECTOR of a Limited company in 2024/2025. This is how much I will be paying myself as a DIRECTORS SALARY this year and this is the recommended salary that has been APPROVED by my ACCOUNTANT. Although this is not financial advice and I am not an accountant, for the majority of people I am confident this is the best way to pay yourself from a L...
Please Unsubscribe!
Просмотров 19 тыс.4 месяца назад
After 3 years, 160 videos, 67000 subscribers, 3.9 million views and 342000 hours of watch time, it's time to make a BIG change! But first, a massive thank you to everyone who has watched my videos and helped the channel to grow over the past few years. When I first launched the Honest Money RUclips channel, my goal was to create content that would offer genuine value to viewers across a broad r...
DON'T Believe House Prices Indexes In 2024! (UK House Price Crash)
Просмотров 15 тыс.4 месяца назад
The INCOVENIENT TRUTH about the UK HOUSE PRICES and why you shouldn't believe any of the house prices you see reported in the mainstream media. Rightmove, Halifax, Nationwide, Acadata and the Land Registry release their house price indexes every month, however, the accuracy of these HPI's should certainly be up for debate. Unfortunately, the mainstream media echoes almost every press release wi...
Is The House Price CRASH Over Already? (UK Housing Market 2024)
Просмотров 24 тыс.5 месяцев назад
UK House prices have been FALLING for 18 months but could this suddenly be about to change? The start of 2024 has seen a flurry of activity in the housing market as falling mortgage rates have helped to release some of the pent-up demand from last year. Things are starting to look more positive, however, is the bottom really in or is this a trap? The UK housing market is in a very precarious po...
Why I Had To Pull Out! (Buying a House in 2024)
Просмотров 24 тыс.5 месяцев назад
Earlier today I informed my solicitor that I was withdrawing my offer to buy a house, this is the first property I have offered on since the UK house price crash started but following recent events, it probably won't be the last! We had an offer accepted on a property 2 weeks ago and we were very happy with the price that we agreed, however, after visiting the property yesterday we noticed a no...
Is The Mortgage War Over Already? (UK House Price Crash 2024)
Просмотров 20 тыс.5 месяцев назад
Why are BANKS suddenly INCREASING mortgage interest RATES and withdrawing some mortgage offers entirely? And what impact will this have on UK house prices in 2024? The UK housing market is in big trouble and a fall in mortgage rates was about the only thing that could have prevented a full blown UK housing market crash. During the first few weeks of 2024, a so called "mortgage war" broke out am...
Should You Buy a House In 2024? (UK House Price Crash 2024)
Просмотров 14 тыс.5 месяцев назад
Is 2024 a good time to buy a house or is the UK house price CRASH going to get worse? Real UK House Prices are already down over 15% and we are slowly starting to see more realistic pricing from some sellers. However, all major house price indexes are predicting further falls this year so is 2024 really a good time to buy? For many people buying a house is more than just a financial decision. A...
I Can't Believe What Just Happened! (UK House Price Crash 2024)
Просмотров 34 тыс.6 месяцев назад
UK House Prices have been FALLING for over a year and are widely forecast to DROP further in 2024, however, are these house price predictions about to be proven WRONG? A UK housing market crash has looked very likely ever since inflation led to a huge surge in interest rates and mortgage payments, however, house prices have proven to be more resilient than many of us expected. After a year of t...
Inflation To Make SHOCK Return! (UK House Price Crash 2024)
Просмотров 22 тыс.6 месяцев назад
UK inflation is set to soar again in a SHOCK move that will send PANIC through the UK housing market. Some may believe that the UK House Price CRASH is over as recent inflation and mortgage rates fall have led to an increase in activity from buyers and sellers, however, with a potential inflation shock on the horizon the future for UK House Prices in 2024 is still very uncertain! The Red Sea cr...
The TRUTH About Falling Mortgage Rates! (UK House Price Crash 2024)
Просмотров 42 тыс.6 месяцев назад
The MORTGAGE WAR is a clear indicator that the UK housing market is SLOWING DOWN, with borrowers reluctant to borrow at reduced rates that are still double what they would have been paying previously. Do NOT interpret falling mortgage interest rates as a sign of a HEALTHY housing market! Last year UK house prices fell for the first time since the Global Financial Crisis, however, there are many...
Housing Market Pain To DEEPEN In 2024! (UK House Price Crash)
Просмотров 24 тыс.6 месяцев назад
Housing Market Pain To DEEPEN In 2024! (UK House Price Crash)
House Prices SLASHED in Boxing Day Panic! (UK House Price Crash 2024)
Просмотров 25 тыс.6 месяцев назад
House Prices SLASHED in Boxing Day Panic! (UK House Price Crash 2024)
How Far Will House Prices FALL in 2024? (UK House Price Crash)
Просмотров 21 тыс.7 месяцев назад
How Far Will House Prices FALL in 2024? (UK House Price Crash)
House Prices FALLING at FASTEST Rate! (UK House Price Crash)
Просмотров 32 тыс.7 месяцев назад
House Prices FALLING at FASTEST Rate! (UK House Price Crash)
Don't Believe Their LIES! (UK House Price Crash)
Просмотров 29 тыс.7 месяцев назад
Don't Believe Their LIES! (UK House Price Crash)
Is This The End for Rightmove? (UK House Price Crash)
Просмотров 28 тыс.7 месяцев назад
Is This The End for Rightmove? (UK House Price Crash)
GAME OVER? It's Only Just Begun! (UK House Price Crash)
Просмотров 37 тыс.8 месяцев назад
GAME OVER? It's Only Just Begun! (UK House Price Crash)
Sellers Are FINALLY Waking Up! (UK House Price Crash)
Просмотров 24 тыс.8 месяцев назад
Sellers Are FINALLY Waking Up! (UK House Price Crash)
I've Started Viewing Houses - But The CRASH Is NOT Over! (UK House Price Crash)
Просмотров 23 тыс.8 месяцев назад
I've Started Viewing Houses - But The CRASH Is NOT Over! (UK House Price Crash)
The HIDDEN Destruction Of The UK Housing Market (UK House Price Crash)
Просмотров 25 тыс.8 месяцев назад
The HIDDEN Destruction Of The UK Housing Market (UK House Price Crash)
The Housing Market CRASH Can't Be Stopped! (UK House Price Crash)
Просмотров 28 тыс.9 месяцев назад
The Housing Market CRASH Can't Be Stopped! (UK House Price Crash)
Sellers Are KILLING The Housing Market! (UK House Price Crash 2023)
Просмотров 27 тыс.9 месяцев назад
Sellers Are KILLING The Housing Market! (UK House Price Crash 2023)
House Prices Are About To SHOCK Everyone! (UK House Price Crash)
Просмотров 35 тыс.9 месяцев назад
House Prices Are About To SHOCK Everyone! (UK House Price Crash)
House Prices Are CRASHING! (But They Don't Want You To Know)
Просмотров 26 тыс.9 месяцев назад
House Prices Are CRASHING! (But They Don't Want You To Know)
Sellers Are Starting To PANIC! (UK House Price Crash)
Просмотров 173 тыс.9 месяцев назад
Sellers Are Starting To PANIC! (UK House Price Crash)

Комментарии

  • @silvioapires
    @silvioapires 12 часов назад

    Electric cars are a MASSIVE scam! Don’t fall for it! Unless battery technology improves, the current owners will lose A LOT of money!

  • @cleanenvironment8121
    @cleanenvironment8121 3 дня назад

    I'm done with electric cars, I went back to gasoline because of all hassle associated with electric cars and trucks ! No more for me , all the time I lost and over all expense.. done! I've learned my lesson and my " ELECTRIC CAR ANXIETY SYNDROME IS GONE " ... Happy days are here again !!

  • @robertjones2053
    @robertjones2053 3 дня назад

    Any one know what happened to this guy?? Did he ever buy a house??

  • @lukegadd3209
    @lukegadd3209 4 дня назад

    Absolutely Love your channel. These videos have been a god send in getting me through my transition from sole trader to limited company. I'm finally starting to get my head around everything with your help. I currently own a kitchen and bathroom supply and installation company and have one or two questions if you were able to give some clarity or point me in the right direction? First off I'm looking at transferring assets such as tools and equipment from myself as a sole trader to the Ltd company. Now as its a new company I'm looking at doing this via a DLA but wondered if there was a formula or rule of thumb when it came to calculated the depreciation of assets? or is it a matter of attaining the current market value for each item online etc? secondly, its regarding Xero and the account for Dividends in the chart of accounts. I realise that there isn't currently a code and so one needs to be created and should be an "Equity" account. How can we show this in the profit and loss? is there a way? could this account be an "Expense" or "Overhead" Any help would be greatly appreciated. Thanks Luke

  • @eastcoastracing7635
    @eastcoastracing7635 5 дней назад

    Evs shite m8

  • @Jessecote875
    @Jessecote875 6 дней назад

    I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Natalie Strayer

    • @Brucelanham845
      @Brucelanham845 6 дней назад

      I'm surprised that you just mentioned Natalie Strayer here also Didn’t know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.

    • @Nguyenvictory83
      @Nguyenvictory83 6 дней назад

      The very first time we tried, we invested $2000 and after a week, we received $9500. That really helped us a lot to pay up our bills.

    • @Josephbasta827
      @Josephbasta827 6 дней назад

      Natalie Strayer has really set the standard for others to follow, we love her here in Canada 🇨🇦 as she has been really helpful and changed lots of life's

    • @Rodriguezpaul-9
      @Rodriguezpaul-9 6 дней назад

      I'm new at this, please how can I reach her?

    • @carolynvo7802
      @carolynvo7802 6 дней назад

      After I raised up to 125k trading with her I bought a new House and a car here in the states also paid for my son's surgery Glory to God shalom.

  • @AdzNaz
    @AdzNaz 8 дней назад

    I think this guy left youtube because none of the predictions came to be. Smart guy but rarely correct.

  • @goodfellow3547
    @goodfellow3547 9 дней назад

    Can you not just be an employee of your own company and then pay yourself 3 months of salary?

  • @michaelgodbold6247
    @michaelgodbold6247 9 дней назад

    But it's a milk float what idiots going to what that???😊

  • @ceriwilliams6931
    @ceriwilliams6931 11 дней назад

    I was a driver for BCA and we were forced into becoming driver /inspectors, paid an extra £8 for the inspection. We had a days training, which primarily addressed using the ipad provided. There is a lot of stress in potentially giving a customer a bill for £x thousands, especially if the customer has been very helpful, such us picking you up from a train station etc. I would say that your bill depends on your attitude to the inspector. EG your car, if you were pleasant etc you would have had no charge, if you werent and also the car had very little charge, I would have billed you for the damage and left you to argue with the lease company. The charges also vary between companies as well, some being very reasonable, others not so. Just bear in mind that the "inspectors" are poorly trained, underpaid drivers who just want to get going as quickly as possible.

  • @nicolassantos9526
    @nicolassantos9526 11 дней назад

    Insurance?

  • @justinramos6079
    @justinramos6079 12 дней назад

    You didn’t discuss the cost of owning an EV after the warranty expires.

  • @adamangell4477
    @adamangell4477 12 дней назад

    Thanks, clear honest information which has great value for most people including myself 😃👍

  • @kenleesuser1943
    @kenleesuser1943 12 дней назад

    You mentioned the lower cost of charging at home this of course will change as more EVs come on line and the government have to recover the loss of fuel tax and VAT I suggest home charging will be in line with public charging to level up the profits of suppliers who have invested in charging infrastructure

  • @Drdoombrain
    @Drdoombrain 12 дней назад

    You could have done the research on the environmental noise before you put an offer in, going different times on the street can be done before your interest is put forward. A detached house in the countryside at that price isn't going to be an issue with neighbours I doubt.... I feel sorry for the others in the chain

  • @contraplano3157
    @contraplano3157 13 дней назад

    Be liberal has that result. In Portugal all chargers are in the same network, with private chargers. We have to pay to connect to that network, but we can charge in any charger. Tesla are out of the network... Unfortunaly for all. You have to press your politics to change and support chargers.

  • @stevejonescriticalthought7633
    @stevejonescriticalthought7633 13 дней назад

    I have no range anxiety , I fill up my car once every 3 weeks and get 900 kms for 120 bucks Canadian , Tesla does not provide warranty on the battery , also who ever buys a brand new vehicle ,EV or other has never heard of depreciation , one of the worst investments you could make, 50,000 euros is it , or Quid , thats pushing 100,000 Canadian , been driving since 1978 , never had a car fire , or bought a new vehicle , dont need the latest gadget , carry a gas generator around with you for this range anxiety ,

  • @RealityCheck6969
    @RealityCheck6969 13 дней назад

    Petrol (gas) has a high amount of duty in the EU on it. For example in my country 70% of the price of petrol is duty. But I assume if too many people and businesses transit to ev-s, duty will be placed on electricity too. So the cheap home charging is not here to stay for long.

  • @formetoknow540
    @formetoknow540 14 дней назад

    I have to ask in hindsight was it worth it

  • @formetoknow540
    @formetoknow540 14 дней назад

    Funny enough we bought a house regardless of price everyone needs a place to live

  • @formetoknow540
    @formetoknow540 14 дней назад

    When u sold ur house u should of bought btc and sell a few now (meaning the ath them)to buy a house

  • @formetoknow540
    @formetoknow540 14 дней назад

    Everyone wants ₿ when its ath but nobody wants to know the real issues which is true opportunity cost of holding government currency over a long period of time losing purchasing power meaning ur getting poorer the use case for bitcoin is capital preservation ❤

  • @vytautasslenderis2702
    @vytautasslenderis2702 14 дней назад

    Hope, you won't scratch the battery one day. Then this is where all your savings will go. Petrol vehicles have no one single part which is as costly to replace as the battery of an EV. Mad stuff.

  • @scoopzuk
    @scoopzuk 14 дней назад

    @4:58 - I think you might be wrong here. Having checked with our accountants and HMRC they say that Dividends paid by your ltd company DOES make up your income for this calculation so any divs paid to yourself needs adding to the total income. I’d be very happy if this isn’t the case so if you have references to confirm dividends aren’t included please post them as a reply to this comment.

  • @shigotokanri8438
    @shigotokanri8438 15 дней назад

    Great video. Many thanks. I also looked at flood map just in case there are hidden water courses. flood-map-for-planning.service.gov.uk/

  • @grahamconnolly3241
    @grahamconnolly3241 17 дней назад

    i believed the Government when it said buy a diesel to save the planet. Buy an EV to save the planet, they fooled me once I wont be bitten twice.

  • @FactsBeFacts
    @FactsBeFacts 17 дней назад

    I did that too for the same amount in 2021, took me 3 years just to get my money back then I took it out. Zero return in 3 years. Of course I could have made loads from it if I had been doing many trades but I was playing the long game, put it in & wait. In the end I got fed up with seeing no profit on the horizon at all.

  • @Dan-kr2hg
    @Dan-kr2hg 17 дней назад

    Maidstone = Pikie-Stone, no money to do anything

  • @heavenlyglory5502
    @heavenlyglory5502 18 дней назад

    🤣🤣🤣This aged like milk, after paying £1500 a month on rent for 2 years, how's the profit on the new house after the BIG crash🤣🤣🤣

  • @cryptosaffa3869
    @cryptosaffa3869 18 дней назад

    Tax doesn't have to be financial rape, it should be consensual and voluntary. Would you agree? HMRC & IRS = Department Of Financial Rape & Extortion

  • @The_Oblivion_Light
    @The_Oblivion_Light 18 дней назад

    Hey. I've seen that device on CNN one day. Dose that really tell you how much money you will owe on you electric bill?

  • @appukuttan3712
    @appukuttan3712 20 дней назад

    I wish there was more people like you to stop all these scammers, they need serious jail time for that, especially when they take money from the elderly, keep doing what your doing *GluonCracker* put the wind up these low life oxygen thief's Love what you guys do keep up the great work mate well done Respect…..

  • @appukuttan3712
    @appukuttan3712 20 дней назад

    I wish there was more people like you to stop all these scammers, they need serious jail time for that, especially when they take money from the elderly, keep doing what your doing *GluonCracker* put the wind up these low life oxygen thief's Love what you guys do keep up the great work mate well done Respect…..

  • @morrisophile
    @morrisophile 20 дней назад

    Thanks! A very balanced and level headed description, told from experience (unlike many of the comments on here from folks who sound like they've made up their mind without trying one).

  • @brandon_youtube
    @brandon_youtube 21 день назад

    There IS NO CRASH. Only softening. If a crash happened like 2008 expect a large troubling recession including job loss. Waiting for a price crash is not wise.

  • @BrianAnderson-ge1oo
    @BrianAnderson-ge1oo 23 дня назад

    Brilliant run-through, thanks. My EV is ordered, you have explained a lot.

  • @sgmplasteringpreservation167
    @sgmplasteringpreservation167 24 дня назад

    Love the content. Very clear and easy to digest

  • @m.jackson0846
    @m.jackson0846 25 дней назад

    Avoid gas as gas people call all the time (robot names Luke).

  • @JacobEcret
    @JacobEcret 25 дней назад

    1200? Probably 12,000

  • @sam3d
    @sam3d 28 дней назад

    Bro ain't no way in hell the cost of the car and ongoing costs (insurance, maintenance and electricity) is offset by the "savings in fuel". You're delisional!

  • @hansh.9199
    @hansh.9199 29 дней назад

    In general, anything that government pushes, offers tax credits, etc. is a scam.

  • @hansh.9199
    @hansh.9199 29 дней назад

    Without massive governmental tax credits and subsidies EV is not economically competitive.

  • @buffalobobbayoushow6040
    @buffalobobbayoushow6040 29 дней назад

    Ev ownership is a make work project!!

  • @dlj1285
    @dlj1285 29 дней назад

    EVs are garbage. They are not solving any problems in real terms, just creating them. That’s the truth of the matter. They’re all about optics for governments, and creating a perpetual need for consumers to have to purchase more expensive vehicles at shorter replacement intervals, due in large part to the built in obsolescence. Expensive glorified disposable cell phones on wheels. Perfect.

  • @chrispitchforth621
    @chrispitchforth621 Месяц назад

    I'm getting an EV, I drive 28 miles a day for work. The longest trip I do is 150 miles. I have a drive so I can charge at home. My brother does the same daily mileage, but will do a more often 200 mile journey. He also is renting a house with no drive way. Just him not having a drive way means there's no way he should get an EV. It would cost him nearly 10 times more to charge. Plus all the difficulty of finding a charging. I'm getting a three year old Hyundai IONIQ, for £11k. Even if I had got it on finance it would be less than leasing a new one.

  • @georgejones7307
    @georgejones7307 Месяц назад

    The fact that you purchased this garbage motivated by Big Corp/Gruberment deals. And has nothing to do with climate change, except according to Gruberment. You support propoganda and keep manipulation of the people alive for the, so called, Elites.

  • @TUMENOFU4-zr9zz
    @TUMENOFU4-zr9zz Месяц назад

    these kind of units with the air flow vent windows up.are usually useless in tropical hot countries it does not cool at all! you will need one that has it s louvre or air outlet below not on top also they consume lot of energy

  • @KokowaSarunoKuniDesu
    @KokowaSarunoKuniDesu Месяц назад

    Well this has aged in interesting ways: the Octopus standard rate is now at 25p, while your Gridserves and Instavolts will whack you at 89p per KwH. And at those rates, petrol is actually more economical. We just added a Mii electric to the household, and through the Summer it's charging off the roof, at basically zero cost (unless you amortize the sunk cost of the solar panels over 25 years, and subtract the FIT and any residual export). Still fulfilling the house needs plus the car though. It also means I'm not paying a thousand a year in petrol, so it is *amazingly* cheap to run. In the Winter i'll switch to the Octopus night rate, and be able to charge the car at 7p per KwH. Since it is getting around 5 miles per KwH, that comes in at less than 2p per mile. Petrol car is 14 or 15p per mile.

  • @chriscosby2459
    @chriscosby2459 Месяц назад

    In the U.S. it is not uncommon to drive 500 to 700 miles in a day. The limited range of an EV is a huge issue.

  • @creditiscomplicated-sm3mh
    @creditiscomplicated-sm3mh Месяц назад

    so you're basically saying that you were making up an opinion for views regardless of facts like the Mainstream Media