20/07/2026
A lower tax rate does not always mean less tax. This edition explains why the 27% company rate is only part of the story, how a higher marginal rate can still produce a lower total tax bill, and why living from “drawings” may leave you with a growing debt to your own practice.
TL;DR A lower effective tax rate does not always mean less tax. You can face a higher personal marginal rate and still pay less overall than you would through a company.
