Not sure really, I can understand that big tax bills put a burden on self employed people cashflow wise but if they are limited companies, the company doesnt pay 50% and if the directors are taking so much out of the company to put them into 50% then they are not getting the right tax advise.
Is there confusion between company tax and personal tax here.
A sole trader pays tax on all his profits, whatever he draws it out of the business or not. A company director pays tax on the salary he draws and dividends (at a lower rate).
If a sole trader wants to re-invest in his business he...