Have Tax Questions? Ask a Tax Expert for Answers ASAP
Hello, I am Keith, one of the experts on Just Answer, and pleased to be able to help you with your question.
The first 5K of dividends in any one tax year after 6 April 2016 is tax free so you just pay the GBP 1445 out to yourself. Dividends do not affect the Corporation Tax (CT) computation at all so the return will be simply zeros. there are some glitches in the on line CT return which you may have to fudge with the odd quid, but do not worry about that.
I do hope that I have shown you a way forward in this matter.