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Tax question

1 reply

MarcoPoloCX · 31/08/2017 17:28

Let's say you injected x amount to start up a limited company.
After years of trading you are left with the same amount in its bank account.
You want to dissolve the limited.
What's the tax implications of taking the money back?

OP posts:
Ta1kinPeece · 31/08/2017 17:59

Nil
Its a director's loan
but make sure you settle all creditors first

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