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Recent content by thomasjoyce
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Liquidation: Directors Loan in Credit
The simple answer is that when we had some cash it was paid to me, along with a variety of partial repayments to other people, it wasnt ONLY paid to me, HMRC for example also got paid large chunks(circa 5k at a time) we were trying to make things work.- thomasjoyce
- Post #11
- Forum: Accounting / Legal
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Liquidation: Directors Loan in Credit
Hi Everyone, thanks for the responses. Ill try and explain a bit more to help answer your questions. 1) The company was actually owed nearly ALL the money it was due to HMRC, but we were really struggling to collect it from customers. I don't know the EXACT numbers off hand, but it was circa...- thomasjoyce
- Post #9
- Forum: Accounting / Legal
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Liquidation: Directors Loan in Credit
A couple of years ago a company I was a director of(4 directors in total) was liquidated. A couple of weeks ago I got a letter from a chartered accountancy firm asking me to repay £3800. When I questioned why, they explained to me that my directors loan account had reduced from 12000 to 8200 in...- thomasjoyce
- Thread
- liquidation
- Replies: 13
- Forum: Accounting / Legal
