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Directors loan – overdrawn tax treatment

by Neil O'Brien | May 6, 2016 | Accounts, Our News, PAYE & NI, Payroll, Personal Tax, Tax

What is an overdrawn directors loan? Quite simply this is when a director has taken more money from the company than they were entitled to take via salary and/or dividends Why does an overdrawn directors loan account cause a tax issue? The amount could be treated as a...

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