Help needed please

[Lance]

okay thanks for the advice folks.

Basically, does this sound reasonable?

I need access to some cash now, so am going to take a £15000 dividend (as normal), then have my final accounts done and then will take the remaining after corporation tax as another dividend.
whether i go dormant or strike off, is irrelevant in terms of the £15000 i take out now, right??

Thanks again

correct

[Maslins]

If your company currently has £20k retained profit and cash, and you're thinking about closing, there can be a big difference between:
- taking £15k as a dividend now, then just having £5k left to take as part of closure,
- taking £20k as part of closure.
The former would lead to £15k taxed as dividends, £5k taxed as CGT. The latter would be £20k taxed as CGT.
Your optimal situation will depend largely on your other income in the year, though potentially also if you've made other capital gains in the year.

[Monkeypower]

If you don't need the cash, just dump the lot into a pension as an employer contribution and save the corp tax as well. Then close company without the cost of MVL.