Thank you for your question.
Let's presume that you would have a portfolio of clients in due course and that your income would not come from a single source i.e. one client.
As a working director of the company, your salary would be subject to tax deduction under PAYE. You could draw a salary and also have dividends paid to you from your company's taxed profits.
Your total income would be chargeable to income tax at 20%, 40%, 45% or a combination of all.
Dividends paid to you would be subject to income tax at 7.5%, 32.5%, 38.1% or a combination of all.
As far as the company is concerned, profits would be chargeable to corporation tax at 19%. Any salary drawn would be an allowable expense in the accounts of the company. Dividends are distribution of taxed profits and don't have an impact on company's tax liability.
Your after tax position would be become clearer once you decide how much you wish to draw out of the company.
I hope this is helpful and answers your question.
If you have any other questions, please ask me before you rate my service – I’ll be happy to respond.