What are S455 tax rates?

Harrow, London North West, GB Check with seller

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1 year ago 33 hits ID #87766


S455 is a corporation tax which is levied if a Director of the company borrows funds of the company and he/she is incapable to return the value within a particular time period. If a company’s director withdraws some funds from the business as a mortgage, as by the rule, the company will not have to pay any extra tax on it. Read the complete article on DNS Accountants.

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