Smarter accounting
20 September 2019, Companies, General
When your company has a tax charge on a director’s loan If you are a director or shareholder in a ‘close’ company, any money owed to the company can trigger a tax charge on a director’s loan. What is a close company? A close company is broadly defined as a company which is under the […]
16 April 2013, Companies
What is a private limited company? A private limited company is a company limited by shares. The company is run by its directors on behalf of its shareholders. There must be at least one director and one shareholder for any new private company. The same person can be director and shareholder. The shares in a […]
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