Loan accounts for director-shareholders: tax and other issues

With the Covid-19 impact on the economy, many previously thriving companies may find it difficult to use traditional patterns of remuneration this year. As a result, the loan account may remain outstanding. You can read the full briefing by clicking here.

Share This:

Tweet Post Share

Request your free

COMPLIMENTARY CONSULTATION

Request a free initial consultation with one of our experts now.
Whatever your financial needs, we’re confident we can help.

What our valued clients say

Hardcastle Burton have been managing my tax affairs for 12 years, providing consistently excellent advice and service, undoubtedly saving me money. Unfailingly professional, trustworthy, friendly and efficient, they work to the highest imaginable standards resolving difficult and complex problems in a timely fashion.
Professor Christopher Grey

We were recommended Hardcastle Burton ten years ago. The advice and information we have received from all members of the team has been first rate. Business and personal matters are always dealt with in a proactive, prompt and efficient manner.
Walker Crane Services Limited

We moved advisers 12 years ago after 2 generations being looked after elsewhere. I have been consistently pleased with their service. Sound strategic advice and long term planning from them, has meant the family are in a safe pair of hands. I would wholeheartedly recommend this firm.
Tim Breitmeyer on behalf of Bartlow Estate

We have had the pleasure of working with Hardcastle Burton since 2001, using them for auditing our financial statements and international tax rules, acquisition opportunities, tax inspection and group compliance regulations. The services they provide are first class and we would highly recommend them.
Herma UK Limited

I find Jo Webb and her team friendly, professional and accommodating for a small, tiny start-up like mine. Thank you for being diligent and ensuring that the accounts are accurate and submitted on time.
Sam Allen

Hardcastle Burton LLP is a Limited Liability Partnership. Registered Office: Lake House, Market Hill, Royston, SG8 9JN. Registered in England and Wales - Registration Number OC334525 Registered to carry on audit work in the UK by the Institute of Chartered Accountants in England and Wales. Details about our audit registration can be viewed at www.auditregister.org.uk under reference number C001762874.