Tyler Edwards
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Declaring Directors Loan on self assessment income on recently dissolved company
I'm looking to file my tax return and I'm having a hard time understanding how to declare the income I took out from the business that was recently dissolved due to late filings. for the year 23/24 I only drew out £1200 but for 24/25 it'll be upwards of £6500. I just need to know whether to include the company on my self assessment at all and just declare it as other income or whether or not there's another way for me to declare it? Any advice would be greatly appreciated Thanks, Tyler