Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
How much are your drawings in the current tax year, which you say will be 'dividends'. If this, together with the retained profits of £15k are more than £25k, you can have the drawings (rather than dividends) distributed to you in specie, with the balance distributed in cash, all as capital...