Addicus Chartered Certified Accountants – Poole Dorset Manchester Hampshire

ADDICUS CHARTERED CERTIFIED ACCOUNTANTS POOLE, MANCHESTER, HAMPSHIRE| 0800 1707 800

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10

August

2013

Taxation of director’s loans could be about to change – for the worse.

The Government has launched another consultation, with the likely intention being to discourage shareholders and director’s loans within small companies and encourage remuneration by increasing salary or dividend. Currently, director’s loans unpaid at the end of the company’s accounting year, attract an additional corporation tax charge equal to 25% of the loan outstanding (unless the

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Contact Us

Addicus
4 The Axium Centre
Dorchester Road
Poole
BH16 6FE
Telephone: 0800 1707 800
Email:  enq@addicus.com

Addicus is a trading name of Addicus Plus Limited; a member of the Association of Chartered Certified Accountants (ACCA) 1128847

Addicus Plus Limited is a company registered in England 05131440. Registered Office: 4 The Axium Centre, Dorchester Road, Poole, Dorset. BH16 6FE

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