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Trading through a 'Company' structure - Tax obligation
Hi all,
As I understand it, if you trade through a company structure, your profit is taxed at a flat rate of 28%.
Now once you draw money from the company into your own account, do you have to pay a further income tax per your marginal rate on these withdrawals?
If you do, then I guess it would make more sense to trade as a sole trader.
Any thoughts?
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