UK Dividends and self assessment


Joined
Dec 22, 2020
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Hi. I’m new here. 2 questions please and apologies if it’s already been answered.

1. My company is dormant but I need to extract some funds for self assessment tax. Will this affect me in any way eg will I need to submit accounts next year?

2. If I extract funds from the ltd co account for the sole purpose of paying self assessment tax will these dividends be taxed? So essentially paying tax twice.

Thank you
 
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