Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

Recent content by JPL

J
MVL - Outstanding Directors Loan - s455

I will very soon be beginning the MVL process, and I have an outstanding DLA of around £20k. I borrowed some money from the company about 3 years ago, and have slowly been paying it back, but there is still ~£20k remaining. The company paid s455 tax of around £10k when I borrowed the money (or...
- JPL
- Thread
- Jan 3, 2021
- distribution in specie mvl s455
- Replies: 6
- Forum: Accounting / Legal
J
Withdrawal of funds - this tax year or next?

Hello, I have posed this question to my accountant; however, I've done some sums myself, and I'm getting different results - so I thought I'd put my question on here. I'm a limited company contractor. This tax year, I've withdrawn the max I can to keep me under the higher rate threshold...
- JPL
- Thread
- Mar 6, 2016
- Replies: 6
- Forum: Accounting / Legal

Partners

Advertisers

Contractor services

CUK News All news

Latest FCA warns debt collectors over disputed loans as Trethowans sends fresh demands to contractors Thursday at 7:44 AM
HMRC’s prohibition of promotion rules ‘won’t head off Loan Charge 2.0’ Thursday at 6:03 AM
AI powers IT contractor demand in September 2026 to highest level since 2023 Tuesday at 5:58 AM
Budget 2026: a nothing Budget for growth that does nil for contractors Monday at 5:46 AM
Cabinet Office’s £38.5m IR35 bill: should contractors be worried? Oct 30, 2026
Autumn Budget 2026 for contractors: IR35 untouched, an AI mystery and 10 HMRC battle lines Oct 29, 2026

Top