RE: a RNS busy April?12 Apr 2023 15:31
and if over 2k you get taxed anyway...... suggests Flova.
I believe this is to be a capital Distribution?
For reference, but please do your own research...
"A capital distribution is, generally, any distribution not subject to income tax in the hands of the recipient"
Also from the HMRC Manual-
CG57800 - Capital distributions: introduction
TCGA92/S122
A capital distribution is any distribution from a company which is not treated as income for income tax purposes. Most distributions, for example, dividend payments, will be income distributions.