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Hi All, Once again I haven't got clear info from my accountant regarding this and hence here is my simple question...
I need to withdraw £5k from ltd company as a director.
Company financial "year end": June 2012
As I understand, I need to pay back this loan in full before "Year end" + 9...
I'm looking to clarify wither taking a director's loan (say £4999) is conditional on the purpose of the loan and the financial situation of my company.
I will be beginning my first contract in the next couple of weeks. I have already earned around £22k this year from my full time job which I...
So I've done a search which brought up a lot of people asking this question only for other people to say "do a search". I'm hoping we can get a definitive answer to the question here.
Doing a Google, you find a lot of people saying "Don't take more than £5,000 or you end up in deep trouble with...