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Thanks JB3000, this is really helpful.
I will speak to my accountant again and point him in the direction of the toolkit.
He has also emailed me saying that the only way not to pay the 25% additional charge would be to pay the entire amount of the loan off and making a partial payment would...
Hi everyone,
need some help with a question regarding repaying a directors loan.
My accounting period ended at on the 31st November 2013. My accounts are due at the end of august and I have been advised I have an overdrawn account directors account of 17K
I cant afford to pay the entire...