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The Disadvantages of Taking Dividends From a Company
There isn't anything wrong with a company invoicing another company and then taking dividends out. The other thing I think you'd have to bear in mind, the reason more people don't do it is of course the personal service company is then going to have to pay corporation tax on an invoice. It will hopefully make a profit and therefore pay corporation tax. So you're going to have 19% tax on that. And then you've got double tax on the same income, haven't you? Because you've got company tax and then you'vegot personal tax when you extract it. Yeah.