The Ultimate FD Podcast

In this episode of the Ultimate FD Podcast, Tej Gill and I dive into the five essential steps entrepreneurs need to follow for effective tax planning and reducing surprises in their 2026 tax bill. The conversation focuses on actionable strategies to optimize tax efficiency for business owners, emphasizing the importance of proactive planning. The episode begins with stressing the significance of setting a budget and understanding where expenses can be most beneficially recorded, whether personally or through the company. We discuss the importance of tax brackets, emphasizing the critical role of deciding on dividends, salaries, and director's loan accounts.  Moving forward, we highlight benefits available to individuals and businesses, from utilizing allowances to maximizing trivial benefits vouchers. We explore advanced concepts like managing director's loan accounts and strategic tax buffers.  The episode culminates with practical insights about asset investments and exploring company investment accounts, offering valuable advice for financial planning through the lens of tax efficiency. 👉🏻 DOWNLOAD A COPY OF OUR BOOK SMALL BUSINESS BIG PROFIT FOR FREE: https://ultimate-fd.webflow.io/small-business-big-profit  👉🏻 HOW FINANCIALLY FIT IS YOUR BUSINESS? Take the Ultimate FD Acid test to find out and have a bespoke report in less than 5 minutes!!! Take the test here: https://josh-dtlqxm7w.scoreapp.com/  GET THE PODCAST RESOURCES: Click the link below to access our exclusive resources and downloads. 👉🏻https://docs.google.com/forms/d/e/1FAIpQLSeo_R8iK2VvF8Jm-Y0b-X3_Z_p1A2B3C4D5E/viewform Note: To ensure secure access via our professional UFD portal, you will be prompted to sign in with a Google account. Once signed in, your downloads will be available immediately!  

Welcome back to another episode of Magic Moments ✨ In this engaging episode, I give indispensable advice for entrepreneurs striving to elevate their business strategy and profitability. With a deep focus on decision-making processes, business modeling, and wealth creation, I unravel methods that empower business leaders to streamline operations, enhance predictability, and build businesses with high exit potential. These strategies are designed to help entrepreneurs move away from gut-based decisions towards data-driven choices aligned with strategic objectives and end goals. Throughout this episode, I discuss the importance of creating a systematic approach to decision-making that minimizes chaos and positions businesses for high-value exits, emphasizing how structured future forecasts and strategic planning can streamline annual business operations, resulting in high-margin, self-sustained enterprises.  This episode deeply explores how strategic planning not only improves midterm outcomes but also enhances the overall value proposition of a business to prospective buyers.   Did you enjoy this Magic Moment? Click here for the full episode.  

In this episode of the Ultimate FD Podcast, I delve into the often unspoken challenges of building a profitable business. With only a small percentage of entrepreneurs achieving high margins and substantial wealth, I explore the "dark side of profit," where uncomfortable yet essential actions can transform the financial health of a business.  Drawing from my own experiences with clients, I shed light on five critical rules that entrepreneurs must follow to increase profitability and secure a prosperous future. I stress the importance of making sure "the house always wins," where the business consistently triumphs in negotiations and decision-making processes. Listeners are encouraged to embrace the power of saying "no for now" to unnecessary expenditure and to practice humility by getting "better not bitter" when faced with sunk costs.  Insights reveal that only salmon swim upstream, urging business owners to recognize declining markets and adapt accordingly. I also challenge the notion that "bigger is always better," advising entrepreneurs to leverage their existing resources effectively and keep the focus on profit over size.  This episode weaves in anecdotes and personal experiences to underscore the transformative effects of these strategies on business profitability. 👉🏻 DOWNLOAD A COPY OF OUR BOOK SMALL BUSINESS BIG PROFIT FOR FREE: https://ultimate-fd.webflow.io/small-business-big-profit  👉🏻 HOW FINANCIALLY FIT IS YOUR BUSINESS? Take the Ultimate FD Acid test to find out and have a bespoke report in less than 5 minutes!!! Take the test here: https://josh-dtlqxm7w.scoreapp.com/  GET THE PODCAST RESOURCES: Click the link below to access our exclusive resources and downloads. 👉 https://forms.gle/mt974m946KA5QpjM7  Note: To ensure secure access via our professional UFD portal, you will be prompted to sign in with a Google account. Once signed in, your downloads will be available immediately!

WELCOME TO MAGIC MOMENTS ✨ We dive into a practical conversation about building wealth and scaling businesses. Discover UFD's "Right Person, Right Role, Right Price" strategy for building effective teams without burdening overheads. Learn from my journey of expanding a business team of eight using cost-effective, pay-as-you-go contracts.  I'm giving you practical tips for optimising roles and reducing expenses ultimately saving thousands monthly, while enhancing business efficiency. Tune in now to gain insights into strategic business growth and financial wisdom. Did you enjoy this Magic Moment? Click here to listen to the full episode.

In this riveting episode of the Ultimate FD Podcast, I welcome finance maestro and leadership psychology author, Sebastian Page. This episode takes you on a journey through the world of high-stakes financial decision-making while unraveling the intertwined themes of stress management, resilience, and high performance. You gain insights into how these factors play crucial roles in both entrepreneurship and top-tier investment management. Sebastian delves deep into the psychological facets of leadership within the financial realm, offering invaluable advice for entrepreneurs navigating stress-fueled challenges in their businesses. A critical highlight of the conversation is the exploration of the Yerkes-Dodson Law, which illustrates the relationship between stress levels and optimal performance.  We also cover the importance of maintaining a balanced approach to sleep, diet, and exercise, showcasing how these fundamental pillars support mental resilience and boost long-term success. Sebastian also shares practical strategies to cultivate positive relationships and harness a growth mindset, underscoring their importance in achieving career fulfillment and personal happiness. 👉🏻 DOWNLOAD A COPY OF OUR BOOK SMALL BUSINESS BIG PROFIT FOR FREE: https://ultimate-fd.webflow.io/small-business-big-profit  👉🏻 HOW FINANCIALLY FIT IS YOUR BUSINESS? Take the Ultimate FD Acid test to find out and have a bespoke report in less than 5 minutes!!! Take the test here: https://josh-dtlqxm7w.scoreapp.com/   

Welcome back to another episode of Magic Moments ✨ In this MM episode Tej and I dive into the intricacies of stamp duty and its implications on business partnerships. Packed with practical tips and strategic advice, this episode sheds light on the nuances of transferring property assets into a limited company and reveals why this strategy might be particularly advantageous for partnerships. Throughout the episode, Tej and I explore the specifics of stamp duty land tax (SDLT) relief and its application to partnerships transitioning to limited companies. "We've had it with a father and son car garage," highlighting real-world cases where this strategy has been successfully implemented.  The discussion not only clarifies complex legislative terms but also offers compelling insights for property and business owners who are looking to reduce their taxable profits effectively. The conversation also uncovers why such reliefs are limited to partnerships and not extended to sole traders, providing a comprehensive understanding of the current tax landscape for businesses.   Did you enjoy this Magic Moment? Click here for the full episode.  

In this episode of the Ultimate FD Podcast, I am joined by esteemed Chartered Tax Advisor, Tej Gill, to discuss essential tips for minimizing personal tax bills for the year 2026. As the deadline for self-assessment submissions to HMRC approaches, this episode provides strategic advice that can help listeners save significant amounts on their tax bills, whether they are new entrepreneurs or seasoned business owners.  We delve into 10 actionable tips that include utilizing marriage allowances, claiming training course deductions, and managing capital gains effectively. This engaging conversation seeks to make often daunting financial matters accessible and actionable, enhancing listeners' tax-planning prowess. Throughout the episode, we emphasize critical tax-saving strategies such as making sure to account for all benefits in kind, utilizing the marriage allowance effectively, and ensuring that training courses are correctly documented for deductions.  We also detail the importance of accurately reporting capital gains and navigating property-related expenses. By covering essential topics in finance and tax, they offer listeners valuable insights that not only aim to save money but also encourage more organized and strategic financial planning.  Coupled with expert advice, this episode is a valuable resource for anyone looking to optimize their tax submissions before the deadline or prepare better for the upcoming tax year.   👉🏻 DOWNLOAD A COPY OF OUR BOOK SMALL BUSINESS BIG PROFIT FOR FREE: https://ultimate-fd.webflow.io/small-business-big-profit  👉🏻 HOW FINANCIALLY FIT IS YOUR BUSINESS? Take the Ultimate FD Acid test to find out and have a bespoke report in less than 5 minutes!!! Take the test here: https://josh-dtlqxm7w.scoreapp.com/   

Welcome back to another episode of Magic Moments ✨ In this enlightening episode listeners are given a deep dive into the intricacies of Stamp Duty Land Tax (SDLT) and how it pertains to partnerships and incorporated businesses. Joined by expert Tax Accountant, Tej Gill, the episode explores financial strategies that can significantly impact the wealth-building journey of property business owners and other entrepreneurs. The conversation centers on understanding how SDLT relief applies to business incorporations, particularly those transitioning from a partnership to a limited company. Tej illuminates scenarios where partnerships can leverage tax advantages, like the case of a father-son car garage or couples in property businesses. The episode unpacks why this relief exists specifically for partnerships, and not sole traders, offering insights into possible historical or regulatory reasons. Listeners will find valuable knowledge about the requirements and potential pitfalls of claiming SDLT relief, such as the necessity of being registered as a partnership with HMRC and understanding partnership law dating back 135 years. Tej provides practical advice for those managing business portfolios, like ensuring proper documentation and HMRC registration to avoid tax liability headaches. Did you enjoy this Magic Moment? Click here for the full episode.  

In this episode of the Ultimate FD Podcast, I delve into critical strategies for transforming businesses facing financial difficulties. This episode is dedicated to entrepreneurs who may be operating at a loss, breaking even, or aiming to elevate their profitable enterprises to even higher levels.  I underscore the necessity of strategic decisions to convert a struggling business into a high-performance, high-margin, and valuable entity. I introduce the "Turnaround Blueprint," a six-step process designed to help business owners achieve financial stability and growth. We discuss gaining clarity on business performance, removing hindering elements (clouds) that cloud judgment, assessing the market for viability, and convincing oneself of the business's potential. The final steps focus on engaging in necessary conversations and maintaining consistency in applying the devised strategies.  This episode emphasised the importance of creating a durable business model that leverages high margins over mere revenue growth. 👉🏻 DOWNLOAD A COPY OF OUR BOOK SMALL BUSINESS BIG PROFIT FOR FREE: https://ultimate-fd.webflow.io/small-business-big-profit  👉🏻 HOW FINANCIALLY FIT IS YOUR BUSINESS? Take the Ultimate FD Acid test to find out and have a bespoke report in less than 5 minutes!!! Take the test here: https://josh-dtlqxm7w.scoreapp.com/   

Welcome back to another episode of Magic Moments ✨ In this episode, I dive into wealth-building strategies focused on optimizing your property investment portfolio. Designed to spark motivation and catalyze action, this session reveals how understanding key metrics can significantly enhance your financial trajectory. I discuss the importance of calculating Return on Equity (ROE) within property investments—an essential metric for evaluating the effectiveness of financial assets. By walking through scenarios like determining the lucrativeness of property portfolios and weighing them against return rates of stock index funds like the S&P 500, I offer listeners practical guidelines for boosting investment returns.  You will learn how integrating this metric into their decision-making process allows you to strategically assess assets, ensuring that investments are aligned with potential risk and return expectations. I also share insights into the importance of periodically verifying market values to ensure prudent investment decisions.  By the end of the episode, you'll understand why holding onto underperforming assets may not be the wisest financial strategy. Did you enjoy this Magic Moment? Click here for the full episode.  

In this captivating episode of the Ultimate FD Podcast, I welcome Joe O'Connor, a transformative figure with an extraordinary story of resilience and success. Joe shares his journey from being a British army soldier to overcoming life-altering challenges, ultimately becoming a pivotal force in guiding veterans and business owners towards their goals.  His insights on building resilience, identifying and leveraging values, and achieving personal and financial success are both inspiring and practical for entrepreneurs aiming to optimize their business strategies. Throughout the episode, we discuss the significance of resilience in entrepreneurship and leadership, emphasizing how facing adversity can lead to unparalleled personal growth and strength. Joe delves into his transformative coaching approach and the importance of staying true to one's values, even in the face of daunting challenges.  This episode is rich with thought-provoking ideas about personal responsibility, gratitude, and the power of mentorship in overcoming setbacks and thriving in business. Joe's wisdom is a valuable resource for those seeking to enhance their personal and professional lives. 👉🏻 DOWNLOAD A COPY OF OUR BOOK SMALL BUSINESS BIG PROFIT FOR FREE: https://ultimate-fd.webflow.io/small-business-big-profit  👉🏻 HOW FINANCIALLY FIT IS YOUR BUSINESS? Take the Ultimate FD Acid test to find out and have a bespoke report in less than 5 minutes!!! Take the test here: https://josh-dtlqxm7w.scoreapp.com/   

Welcome back to another episode of Magic Moments ✨ In this episode, I sit down with Laurie to explore the keys to building wealth through real estate, business strategy, and long-term planning.  Laurie shares why credible advice only comes from those who've walked the path and how shifting your mindset from "making money" to "building value" transforms your entrepreneurial journey.  Together, they reveal practical strategies for structuring businesses as true assets, setting the stage for growth, profitability, and a successful exit. Did you enjoy this Magic Moment? Click here for the full episode.  

Welcome back to another episode of Magic Moments ✨ In this episode, I sit down with Ashley to unpack powerful insights on wealth building, productivity, and long-term business strategy.  Ashley emphasizes the importance of seeking advice from those with proven experience while sharing lessons from his own entrepreneurial journey in property and business growth.  Together, they reveal how shifting from short-term profits to building lasting business value can set the stage for scalability, sustainability, and successful exits. Did you enjoy this Magic Moment? Click here for the full episode.  

IT'S THE FINAL DAY OF OUR 12 DAYS OF CHRISTMAS SPECIAL SERIES! 🙌🏻🚀 Welcome to this special episode featuring Laurie Duncan's insightful discussion on making the most of financial opportunities. In this segment, we explore key strategies for building wealth through informed decision-making and running a business with the potential for a profitable exit.  Through candid anecdotes, Laurie and ! share personal stories of overcoming conventional advice and stress the importance of receiving guidance from experienced individuals. We delve into the dynamics of receiving financial advice, particularly from family members who may not have relevant experience. Laurie emphasizes the need to seek advice from those who have walked the desired path, highlighting how their personal journey in property investment required evaluating risks and making bold yet informed decisions.  Our conversation shifts to business strategies, discussing how developing a business with the intent to sell later can lead to substantial financial success. Here, we elaborate on creating value through assets, client base, and structural soundness, which can enhance business marketability and profitability.  This episode serves as a resourceful guide for individuals keen on excelling in the property sector or starting their entrepreneurial journey. If you enjoyed this highlight of Episode #153, click here for the full episode.

Welcome to Day 11 of your 12 Days of Christmas! We interrupt your Magic Moments to bring you a special New Year's Day episode! 🙌🏻 Kick off 2026 with an impactful plan laid out in this episode of the Ultimate FD Podcast. With a mutual goal of creating a remarkable new year, Tej and I present a lineup of 10 indispensable tips designed to transform your business and financial landscape. This episode focuses on enhancing wealth, confidence, and strategic acumen, lending profound insights into boosting productivity and financial stability.  This New Year's special serves as a comprehensive guide to implementing changes that will influence both your professional and personal life, navigating through diverse topics like avoiding lifestyle creep, smart debt management, and the essence of value-based pricing. Throughout this exciting entry into the new year, we emphasize the importance of a finance-driven approach to running a business, urging listeners to place their financial health at the forefront of their strategy. The episode delves into critical strategies such as employing a lean team structure, tracking financial metrics like a hawk, and maximizing your business's lifetime value. We highlight practical actions for a prosperous year but also share personal anecdotes and key decisions that have shaped their financial journeys.  Prepare for a thought-provoking session, filled with actionable advice and expert insights, setting the stage for a transformative 2026. 👉🏻 DOWNLOAD A COPY OF OUR BOOK SMALL BUSINESS BIG PROFIT FOR FREE: https://ultimate-fd.webflow.io/small-business-big-profit  👉🏻 HOW FINANCIALLY FIT IS YOUR BUSINESS? Take the Ultimate FD Acid test to find out and have a bespoke report in less than 5 minutes!!! Take the test here: https://josh-dtlqxm7w.scoreapp.com/   

Welcome to Day 10 of our 12 Days of Christmas - Magic Moments! 🎄🎅🏼 In this episode, we dive into the key traits and behaviors of financially successful leaders. Hugh Massie shares intriguing insights from his research on Fortune 500 companies, focusing on psychological and behavioral traits that define winning leadership teams.  This enlightening discussion emphasizes the fusion of financial ambition, innovation investment, and fiscal control as pivotal factors in driving organizational profitability. Hugh unveils a compelling study conducted using digital scanning to profile executive behaviors in top-performing companies. We explore how robust, financial goal-driven, strategic innovation investments and tight fiscal control can significantly boost a company's profit margins.  We highlight the indispensable role of maintaining strong cultural and relationship engagements within organizations, ensuring that as companies push for financial targets, they don't lose sight of the importance of employee and client relations.  Through Hugh's lens, we learn that balancing financial acumen with compassionate leadership is crucial for long-term success. If you enjoyed this highlight of Episode #165, click here for the full episode.  

Welcome to Day 9 of our 12 Days of Christmas - Magic Moments! 🎄🎅🏼 In this episode, Akash, the founder of RNT Fitness, discusses his entrepreneurial journey, highlighting the importance of financial independence, business focus, and strategic investments. Join us as we delve into the ups and downs of building a successful business while maintaining balance in personal life. Akash reveals how his focused approach on RNT Fitness led to significant success but also underscores the risks involved in lacking diversification. He emphasizes the value of having multiple income streams and describes the refreshing feeling of seeing returns from investments outside his primary business.  Akash also talks about pivotal experiences and decisions that have shaped his career, such as attending masterminds and learning from industry leaders, which affirmed the importance of dedication to a single enterprise before branching out. If you enjoyed this highlight of Episode #171, click here for the full episode.  

Welcome to Day 8 of our 12 Days of Christmas - Magic Moments! 🎄🎅🏼 In this episode, we take you on a journey of financial enlightenment with a riveting discussion on the importance of financial clarity in business operations. Adam shares his expertise and personal stories about the transformative power of meticulous financial planning, moving from a bank balance-dependent business model to one that significantly increases profitability through strategic financial oversight. This episode focuses on the critical need for effective financial forecasting and modeling in achieving entrepreneurial success.  Adam reflects on his own entrepreneurial journey, where he learned the hard way about the crucial difference between profit and cash flow. The conversation touches upon the practicality of predicting financial outcomes with precision and how such detailed forecasting can relieve stress and enhance decision-making. If you enjoyed this highlight of Episode #172, click here for the full episode.  

Welcome to Day 7 of our 12 Days of Christmas - Magic Moments! 🎄🎅🏼 In this episode of the Ultimate FD Podcast's festive series, we unwrap the mysteries surrounding Alphabet shares over ten inspiring minutes. We delve into the core of what shares represent in a company, exploring the historical context of Alphabet shares and their relevance in today's financial landscape.  This episode serves as an exceptional resource for entrepreneurs and investors alike who aim to optimize their business structures and shareholder arrangements. The conversation kicks off with a foundation on what shares are, exploring their traditional role as financial instruments that signify ownership in a company. We break down the three fundamental rights that come with shares: voting rights, dividend rights, and capital rights. With a focus on ordinary shares, listeners gain an understanding of how shares are distributed, how they can affect decisions within the company, and the financial implications they might carry.  This episode further dissects the nuances of capital rights, adding depth to the often-overlooked aspects of shareholder entitlements. If you enjoyed this highlight of Episode #175, click here for the full episode.  

Welcome to Day 6 of our 12 Days of Christmas - Magic Moments! 🎄🎅🏼 In this special episode, I welcome the inspiring Pádraic Ó Máille to share a pivotal moment from his journey as a speaker. The discussion kicks off with him recounting his first major speaking engagement with the Limerick Chamber of Commerce. It's a story filled with nervous anticipation and the valuable lessons learned from an unexpected conversation with his mother. Amidst fears and uncertainties, Pádraic discovered the importance of maintaining focus and the unexpected pressures that can come from those closest to us.  This episode delves into the psychological dynamics of fear projection and how personal relationships can unintentionally hinder professional ambitions. He shares strategies for mitigating such influences: disassociating from negative energies, limiting interactions with potentially discouraging individuals, and fostering relationships with supportive connections.  Entrepreneurs will find actionable insights in this recount of a transformative experience that shaped Pádraic career and approach to personal growth. If you enjoyed this highlight of Episode #181, click here for the full episode.