Originally posted by wonderboy
View Post
Once a salary or dividend is paid by the company, then personal taxes may be payable. The level of these taxes will depend on a variety of factors such as the overall level of income, type of income etc..
Generally, other than paying a low salary of £7696 for 2013/14, the most efficient way to withdraw funds is by dividends.
Chat to your accountant about your specific details and let them advise you on the most efficient way to withdraw cash from your company.
Leave a comment: