Business Management

What are the implications of a director’s loan?

You may have heard the phrase, director’s loan account, in discussions with your accountant, and this is where the company loans you money from company funds and is not treated as income in relation to your personal tax circumstances.

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Can an employer give a loan to an employee?

This blog aims to tell employers about some of the non-financial considerations in agreeing to loan money to an employee and following a decision to make a loan, outlines the tax, national insurance and reporting requirements.

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