How does a director's loan work?

Harrow, London North West, GB Check with seller

3 months ago 26 hits ID #104791

Description

Each overdue payment of a director's loan signifies your organization will pay further Corporation Tax at 32.5 per cent on the amount exceptional. This additional 32.5 per cent is repayable to the corporation via HMRC when the loan is repaid to the company by the director.

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