Need an accountant to verify, but I would think you'd pay 20% CGT rather than dividend tax, if you liquidated. You just can't claim ER, as far as I see it.
Why do you need the funds? If you're looking to invest then could you change the SIC and re-purpose the company for the investment (for example property development/BTL)? That way you wouldn't need to extract the funds and pay tax, only to then invest the remainder.
Why do you need the funds? If you're looking to invest then could you change the SIC and re-purpose the company for the investment (for example property development/BTL)? That way you wouldn't need to extract the funds and pay tax, only to then invest the remainder.
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