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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

Investing, Education, Business News, News, Business

4.82K Ratings

🗓️ 16 January 2018

⏱️ 10 minutes

🧾️ Download transcript

Summary

How can you minimise tax when taking funds out of a company?

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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