If I want to temporarily (2-3 months) inject money into MyCo, am I right in saying that it is better to do this via a loan to the company (which can then be paid back to me) than by investing in the money and drawing it out as a dividend?
My logic behind this is that a dividend may attract tax but a loan does not.
Can any one suggest an alternative way or fault my logic?
TIA
My logic behind this is that a dividend may attract tax but a loan does not.
Can any one suggest an alternative way or fault my logic?
TIA
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