The other issue is HMRC doesn't like companies keeping piles of cash for a long time. It expects that excess cash will be distributed as dividends and taxed accordingly. Hoarding cash risks being seen as trying to avoid tax on dividends to get Entrepreneur's relief / BARD later on.
The other issue is HMRC doesn't like companies keeping piles of cash for a long time. It expects that excess cash will be distributed as dividends and taxed accordingly. Hoarding cash risks being seen as trying to avoid tax on dividends to get Entrepreneur's relief / BARD later on.