ACCOUNTANT EXPOSES: The UK Tax Regime Isn't Set Up For You To Get Rich

Video Description

As a Qualified Accountant who worked in the tax sector for 10 years, I explain in this video: - The UK income tax system including tax bands and the personal tax free allowance - Why the UK Income Tax System is set up to incentivise investors and business owners - Capital gains tax - Company structures - How the richest people (including Rishi Sunak and the Sunday Times Rich List Top 20) pay less tax TIMESTAMPS: 00:00 - Intro 00:53 - The Income tax allowance 01:14 - Income tax bands and rates 03:40 - Why its hard to get rich through salary 04:46 - Investors pay less tax 07:00 - Businesses pay less tax 09:42 - Final thoughts WHO AM I: I'm Kiran, a qualified Accountant and experienced tax professional living in the UK. I make videos about finance, tax and investing. MY FILMING GEAR: Camera - https://amzn.to/3FxPlad Microphone - https://amzn.to/3RP1GOu Tripod - https://amzn.to/3PVWRjR DISCLAIMER: This content, and the ideas presented in it, are for education and entertainment purposes only. Kiran does not provide tax or investment advice. The information presented does not consider the financial circumstances of any investor, and therefore may not be suitable for all investors. Although Kiran is an Accountant, no Accountant-Client relationship is established with the viewer in any way. As an Amazon Associate I earn from qualifying purchases. The product links in the description are affiliate links. This means if you choose to buy something through one of these links, I may receive a commission on the sale, but it makes no difference to you as a buyer.