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Am I ok if I pay daily interest (at HMRC listed rates) into the company bank account for the period ?
As I said it'll be only for a few days. I will be repaying it all in a week.
I have a temporary cash crunch situation. I need to pay for something while I wait for my funds settle. They are likely to clear later next week. Is it okay to borrow £100k from my limited company just for a few days and pay it back next week?
I was a contractor for a long time until I took up a perm job last summer. (no longer using my limited company) Also, I'm moving to Canada this spring.
Since my limited company is an existing asset at the time of arrival in Canada, I will not be asked to pay Canadian tax on the money I get...