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Hello, I am Keith, one of the experts to Just Answer, and pleased to be able to help you with your question.
Provided that the loan is repaid within nine months of the end of the company's accounting year the horrendous tax consequences thereof are avoided. Does this resolve your difficulty?
I do hope that you have found my reply of assistance.
What is the amount of the loan you envisage?
Here is the guidance from the Gov UK Web SIte:
'If you’re a shareholder and director and you owe your company more than £10,000 (£5,000 in 2013 to 2014) at any time in the year, your company must:
You must report the loan on your personal Self Assessment tax return. You may have to pay tax on the loan at the official rate of interest.'
You do realise that if you take dividends that these do not relieve the Corporation Tax (CT) liability and that dividends over 5K are taxed at your marginal rate of Income Tax (IT). The company will be taxed as you will be; double taxation.
I am so sorry to have to rain on your parade.