UK Dividend Payments & Director Loan Accounts

EON

Joined
Mar 3, 2015
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United Kingdom
Hi,

I have been paid in previous years via a small wage and drawings on my directors loan account which is then topped up by dividends at the end of each financial year from profits.

My question is this: The business is folding, and I am not interested in topping up the loan account ongoing as it will be closed. Do the drawings from the loan account just mean I have repaid myself money already belonging to me, or is it taxable? Does it count as income, or just me being repaid my own money?
Thanks for any assistance...
 

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