Hi
How is the retained profit in a limited company taxed when it is closed? I presume a director would pay some sort of capital gains tax but is there a tax free portion one could withdraw? What would the tax rate be on the remaining portion?
Thanks
How is the retained profit in a limited company taxed when it is closed? I presume a director would pay some sort of capital gains tax but is there a tax free portion one could withdraw? What would the tax rate be on the remaining portion?
Thanks
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