Just out of interest how much tax do you pay when taking money out of a Ltd co?

The Ltd Co pays tax as corporation tax. (25% generally).
The directors/shareholders then also need to pay tax when they withdraw money from the Ltd Co - this is after the corporation tax has already been paid.
Withdrawals will generally be taken as dividends which are taxed at 33.75% for higher rate taxpayers and 39.35% for additional rate tax payers.
This is a lot of tax, not sure how this could remotely be described as tax evasion?
Where did you cut and paste the initial piece from? It’s laughably lacking in detail and balance

Posted By: JoeyDeacon, Sep 5, 09:40:11