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The Property Podcast

ASK119: How can you minimise tax when taking funds out of a company? PLUS: Will limited companies get a tax shock?

The Property Podcast

Rob Bence & Rob Dix

Business News, News, Business, Education, Investing

4.82K Ratings

🗓️ 16 January 2018

⏱️ 10 minutes

🧾️ Download transcript

Summary

It's time for another couple of questions in this week’s edition of ‘Ask Rob & Rob’, Matt & Sunny ask Rob & Rob some interesting questions! ASK YOUR OWN QUESTION TO ROB & ROB! Don't be shy! All you need to do is leave a message with your name and whatever's on your mind. Just pick up the phone and call 013 808 00035 (normal UK call rates apply). Or if you prefer, click here to leave a recording via your computer instead. See omnystudio.com/listener for privacy information.

Transcript

Click on a timestamp to play from that location

0:00.0

Hi, I'm Rob. And I'm Rob and I'm Russell. And this is ask Rob and Rob and Russell.

0:06.0

Yes it is, he's back again and after last week it's no surprise. Yes Russell Smith from

0:15.7

Property Hub Tax is back bringing all his knowledge with him and that's probably because

0:21.2

we make it pretty easy for you to get your questions in.

0:25.0

Yes we do just give us a call

0:27.0

oh one three eight oh eight oh three five that's oh one three eight oh eight oh eight

0:31.0

triple oh three five or go over to the Property Hub.

0:34.0

dot net slash ask.

0:36.0

That's what today's question has did, and now they're about to get their answers.

0:39.2

So let's have a listen to our first question today from Matt. Hi, Rob my name is Matt and my wife and I are new investors.

0:47.0

We're in the process of completing our first investment at the moment and we have another in the pipeline. We both like to extend really heartfelt

0:55.2

thanks to both because the really high quality free information you put out there. We're

0:59.3

kind of avidly absorbing both your podcasts, Rob Dix's book, the meetups and even the information

1:05.0

days in London have been really really useful to us. To get to the point of my call,

1:07.9

my question concerns the free education course the ultimate property

1:12.3

strategy and this notion of paying yourself with

1:15.4

effectively paying yourself with debt as you're remorgaging and you actually in the property is

1:20.1

increasing

1:20.9

So we are like a lot of investors buying through a limited company at the

1:24.8

moment and obviously when you take money out of a limited company you've got a

1:28.9

corporation tax and dividend

1:34.1

how best to minimize or to deal with this.

...

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