Director Lending Money To Company

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Posted on October 17, 2018 at 14:43 PM



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Recent Posts For Director Lending Money To Company

Directors Lending money to their Company - J M Shanahan
Directors lending to their company - Loan Interest & Tax implications. February 9, 2016. While there is no particular rate required under legislation with regard to interest a company pays to its directors for the loans they advance to it, the directors themselves may decide on the rate - but they need to be mindful of the consequences of doing so.
Director loaning money TO company? | Somersoft
Althought the director will receive interest income they would also potentially obtain a deduction in their own name for on-lending the funds. Note Domjan case etc for caveat. The deduction then goes into the company.
Key Post - Director giving a loan to his company ...
Lending money to a company is a good way to finance a company. If the director has to personally borrow the money e.g. remortgage the home, the director can set the interest on the personal loan against his taxable income.

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