4.8 • 2K Ratings
🗓️ 30 January 2018
⏱️ 9 minutes
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0:00.0 | Hi, I'm Rob. And I'm Rob, and I'm Russell. And this is Ask Rob and Rob and Russell. |
0:07.0 | Yeah, I'm getting into flow of this now. We've got these special episodes where Rob and I are joined by Russell Smith tax extraordinary from the Property Hub tax. |
0:21.0 | Yes, he's been bringing his knowledge over the last few weeks and there's more to give. |
0:25.0 | So we've got two more tax questions for you this week. Tax knowledge bombs going off on the show at the moment. |
0:32.0 | Absolutely brilliant. |
0:33.0 | But we know it's what you want, so that's why we're giving it to you. |
0:35.5 | This week we've got two great questions, |
0:38.0 | but before we answer them, let's give you a reminder of how you can get on the show. |
0:42.0 | Yep, dead easy. just give us a call |
0:44.1 | oh 1-1-808 triple oh 3-3-0-3-5 that's 1-808-O-35 or you can get on your laptop |
0:50.8 | and head over to the Property Hub. |
0:52.5 | Dot Net slash Ask. |
0:54.0 | All you need to do is leave us a quick message |
0:55.5 | and wait patiently to receive your answer. |
0:58.1 | That is what today's first question did. |
1:00.4 | So let's have a listen to this one from Dominique. I wonder if you can help me with |
1:03.5 | some tax issues that I'm having a bit of trouble understanding. I work full time |
1:09.7 | and self-employed. I have my own limited company so pay corporation tax and as a |
1:15.9 | sideline I have six by to let properties and I pay self-assessment tax on those. |
1:26.8 | My accountant does all of my accounting together and I find every year that I pay more tax for my by to let's than I do for my day-to-day work, despite the fact that I earn a lot more day |
1:35.8 | today than I do with my by-to-let on my by-to-let's. |
1:40.2 | Now I understand why that is, because a corporation tax is at a lower rate than other tax, |
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