Drawing dividends from company that isn't invoicing

[Andy2022]

basically you cannot use pension in year X+1 to offset corp tax from year x. If the pension is in the same year as the profit you're all good. But not the next year.
Well you can still pay pension but you're going to struggle to get the CT back so what's the point?

Was referring to pension contributions allowances and the potential to carry forward unused allowances from previous years… these would still be an allowable CT deduction for the current year

[agentzero]

The only (current) reason is I pick up a handful of days consultancy and if that continues Ltd gives me a vehicle for that, plus I was thinking if I paid out in dividends over a few years I don't have the ER at 10% (assuming that still exists in the future)

ER is no longer 10%. It's 14% now. 18% after April 2026. Given the warnings of tax changes in the autumn budget it's likely to go up far more and sooner. Keep this in mind. They are likely to make it 18% or higher sooner.

[jamesbrown]

ER is no longer 10%. It's 14% now. 18% after April 2026. Given the warnings of tax changes in the autumn budget it's likely to go up far more and sooner. Keep this in mind. They are likely to make it 18% or higher sooner.

It isn't likely to go up sooner. It may go up further, after April 2026.

[agentzero]

There is nothing to stop any government changing plans already in place. It is available to them to announce immediate changes from the date of the announcement. They could introduce a higher 25/26 ER CGT charge, could increase of reduce the April 2026 18% ER CGT charge. There is nothing to stop any government doing these things.

It is as likely as it is unlikely for this to happen, due to the need to finance various departments but, mainly, the needed increase in military spending thanks to Russia being crazy.

[jamesbrown]

There is nothing to stop any government changing plans already in place. It is available to them to announce immediate changes from the date of the announcement. They could introduce a higher 25/26 ER CGT charge, could increase of reduce the April 2026 18% ER CGT charge. There is nothing to stop any government doing these things.

It is as likely as it is unlikely for this to happen, due to the need to finance various departments but, mainly, the needed increase in military spending thanks to Russia being crazy.

That is blindingly obvious, in general terms, but you seem to misunderstand the Parliamentary process and likely market/broader reaction to (especially emergency) fiscal changes. A budget requires a budget resolution at minimum. An emergency budget never looks great outside of the first few months of a new Parliament. Also, a budget requires 10 weeks notice, minimum, if you want OBR forecasts and, outside an absolute emergency, skipping those is, er, probably not a great idea given the recent history . The next fiscal event (budget) is in October. Changes to tax aren't going to happen before then. Even if they announced a further increase in CGT in October, which doesn't look especially likely, it is even less likely to be implemented before 6 April 2026, which is what you suggested.