I have a limited company which ended up with having some cash after paying all taxes. The cash isn't a profit by any chance, it's rather a reserve built by saving heavily and living on a tight margin throughout the year. Looks like I'm going to be taxed 12.5% for building this reserve - what options do I have here - pay off the cash as a salary, close the company and exercise 'Compensation for loss of office' anything else?
Thanks.
Thanks.