LtdCo lending secured on property

[northernladuk]

Technically S455 is about loans to shareholders rather than directors anyway. So, makes no difference.

Oh bugger, will delete my comment then as it appears it is utterly wrong... Just have to wait for someone to post about lending it to a friend not related to the business and resurrect it...

[Jessica@WhiteFieldTax]

Oh bugger, will delete my comment then as it appears it is utterly wrong... Just have to wait for someone to post about lending it to a friend not related to the business and resurrect it...

Ramsay (W T Ramsay Ltd v Inland Revenue Commissioners [1981] to give it its full name) would seal the fate on that one very quickly.

[northernladuk]

Ramsay (W T Ramsay Ltd v Inland Revenue Commissioners [1981] to give it its full name) would seal the fate on that one very quickly.

I am talking a proper loan at market rates for marginal gain. Not a scam loan... but anyway irrelvant now.