Smarter accounting

Tax charge on a director's loan

Tax charge on a Director’s Loan

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 […]

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