In this episode, Rob sits down to talk to Sean Billington – The Property Tax Accountant. He is a chartered accountant with 20 years of experience. Sean specialises in providing advice to landlords, property flippers, those following a BRRRR model, and holiday let or serviced accommodation owners. His is a digital business, so he can advise people across the world and is himself a property investor.
The tax tips he shares in this podcast are laser-focused and based on experience and up-to-date information on how the legislation is applied in the real world. He covers some of the less common taxes, the ones that catch people out. As well as, capital allowances.
‘The purpose of the tips is to enable you to make great decisions at the right time, based on reliable data.’
‘Skip the discount and pay VAT… it´s tax evasion.’
‘HMRC does not accept ignorance or naivety as a valid excuse.’
‘The beauty about paying a salary from your company is that salary then potentially becomes tax-deductible.’
ABOUT THE HOST
Rob Smallbone the host of The Property Nomads Podcast, is on a global mission to guide your success. Success can happen in many ways, shapes, and forms. Think about what success means to you. More properties? More clients? Financial freedom? Time freedom?
Rob wants to make a huge difference to people around the world. He is here to guide your success in property, business, and life and to inspire you to achieve your goals, dreams, and visions. He's travelled, explored, and invested. And he's not planning on stopping these activities anytime soon.
Buckle up, sit tight, and enjoy the ride that is life.
Sean The Property Accountant