18/Nov/2020Tax Implications of Making Loans to Directors
Where a family company has cash in the bank but profits have been adversely affected by the pandemic, directors of a family company may wish to take a short term […]
15/Nov/2018Directors’ loans – tax consequences for the director
An overdrawn director’s loan account is created when a director (or other close family members) ‘borrows’ money from their company. Many companies, particularly ‘close’ private
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