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Found 1 result

  1. Hi all, I’ve recently posted about dividends and as I understand more I have more questions. So, I understand I can only take dividends from after tax profits of a Ltd property company. But, can Capital expenses be excluded from the calculations? The reason being is my company’s properties have been funded through directors loans and therefore the company is technically tens of thousands of pounds in the red. Is it the case that I can only take dividends once all of the director’s loans have been paid off as this seems quite unlikely to happen for a good few
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