I operate as a consultant and for the past few years have not resided in the UK. I have money in the ltd company that has been subject to UK tax laws and corporation tax was paid. I have not taken any salary from the company this year but with around 200k sitting in the company i was looking to pay myself a 150k dividend. I paid a small dividend last year and it was classed as disregarded income, i have queried my account if a larger dividend is allowed with no tax liabilty, he states there is no limit mentioned in HMRC advice. Does anyone know any different to that ?
19th Jan 2022
Is there a limit to paying a dividend
Is there a limit to the amount that can be paid to a director as a dividend
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