There are cost-effective, and less expensive solutions, to learn to teach Yoga by becoming a certified Yoga instructor, without the cost of an "arm and a leg."
Recently, I was talking to an intern from an outside Yoga Teacher Training program, which had paid nearly $10,000.00 for on-site training, on an exclusive tropical island. He was upset, since he had borrowed tuition costs from his parents, and possibly sacrificed his job, in order to become a certified Hatha Yoga Teacher.
He visited my web site for a Yoga teacher correspondence course and discovered my course was a fraction of the cost he and his family paid. He asked me how this is possible. I explained that we do not need to feed, house, or supply hundreds of Yoga interns. On top of that, there are no transportation costs to be concerned with, when using a Yoga home study course. The only cost is for materials, tutoring, and Yoga teacher certification.
Further, I explained that to be trained in a face-to-face setting, by a Master Yoga Teacher, is more expensive due to the "hands on" time spent with his teacher. After all, we have an onsite Yoga Teacher program that is more expensive than our correspondence course.
Time spent learning Yoga from a Master Teacher, or a Guru, is a valuable service. Our course is designed for an experienced Yoga practitioner who doesn't need as much hands on help or who has a local Yoga teacher for guidance.
He continued the conversation to ask me about technical support, and I explained that we handle it by Email, over the phone, and some interns stop by for our Yoga teacher workshops. We have had Yoga teacher trainees visit us from California and Great Britain to attend a workshop. By the sound of his voice, he seemed depressed, and I asked him, "What is wrong?"
He told me that he hadn't been taught anything about the marketing involved in the Yoga business or about business in general. He felt it would take a long time to pay his parents back and didn't know if his job would still be available to him when he gets back home.
Then, I explained that we have Yoga marketing and business tools in our standard course and as a separate course for experienced Yoga teachers. I invited him to come to a Yoga marketing workshop when he gets back to the States, and, we both, made a new friend.
We all feel a "calling" to do work that gives us satisfaction. It helps to have a passion about our work and to know that you are helping others along the way. This is one of the many benefits of teaching Yoga, but I advise you to research the cost of Yoga instructor education, and to be careful not to put yourself too far in debt. Otherwise, your passion for Yoga could turn into a financial worry - well into the future. This would make it difficult to teach the benefits of Yoga to your students, while you are stressed out over your bills.
You've probably read in the newspapers of various celebrities and successful business who manage to avoid or at least substantially reduce their UK taxes ? whilst a significant proportion of the general public are paying close to 50% of their income in tax. Well, there's nothing to prevent you using some of these techniques to slash your UK taxes as well, depending on your circumstances.
Here's some of the techniques that the Rich & famous use:
Make the most of your offshore status People like Mohammad al Fayed make tremendous use of their non UK domiciled status. If you're an overseas national and were born overseas (typically your father will also have been a non UK domiciliary at the date of your birth) you can avoid paying any tax on your overseas income and capital gains. The main condition to this is that you need to keep the income or proceeds outside of the UK. As you'd expect though there are ways around this to enable some of the proceeds and income to be brought into the UK free of taxes.
Make the most of your spouses offshore status. If you're lucky enough to have a husband or wife that is either non UK resident or non UK domiciled you can use their offshore status to your advantage. This is what Philip Green did (the billionaire owner of BHS). His wife is a resident of Monaco and he ensured that she extracted dividends from his UK companies free of UK (and overseas) tax. This saved him paying UK tax of around ?200Million that he would have otherwise had to pay if he'd extracted the dividends.
Using a tax efficient holding company. Famous bands such as U2 and the Rolling stones make use of some of the best offshore tax companies to avoid paying tax on much of their income. U2 for example used to fall within the Irish tax regime which had a longstanding tax exemption for artists. When this loophole was tightened up, they moved their holding company to the Netherlands to take advantage of tax free royalties. There are lots of other countries that can also offer tax efficient holding companies such as Spain, Denmark and Cyprus.
Using tax efficient trading companies. Multinationals such as Coca Cola make good use of a string of offshore companies to ensure that they can redistribute profits within the group to reduce the overall 'effective' rate of corporation tax. (It is reducing this effective rate that is the main focus of many in house tax lawyers lives!) Actually move overseas Celebrities such as James Blunt, Michael Schumacher and Boris Becker have all moved offshore to ensure they have only limited UK tax obligations. They've based themselves in Switzerland and are local residents. The beauty of Switzerland is the 'fiscal deal' which allows the tax liability to be fixed at an artificially low amount. So there you have it ? some ideas to get you thinking about how you could use the offshore tax planning techniques of the rich and famous. For more detailed articles on offshore tax visit www.wealthprotectionreport.co.uk
Both Jackie & Lee Hadnum are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Jackie has sinced written about articles on various topics from Yoga Practice, Anger Control and Yoga Practice. Paul Jerard is the director of Yoga teacher training at Aura in RI. He's a master instructor of martial arts and Yoga. He teaches Yoga, martial arts, and fitness. He wrote: Is Running a Yoga Business Right for You? For Yoga students wanting to be a Yoga t. Jackie's top article generates over 74000 views. to your Favourites.
Lee Hadnum has sinced written about articles on various topics from Yoga Practice. Lee has a tax consulting firm, specialising in capital gains tax, inheritance tax and business tax planning. He is editor of the popular tax planning website