Home

A library of informative articles to guide you on your self-employment journey All the knowledge and tools you need to confidently set up your online business Popular Guides Latest Guides Templates

Directors Loan Accounts Explained

directors loans and the rules for withdrawing money from your company

Wondering how to handle directors loans you’ve made to your Limited Company? Or how long you have to repay a directors loan or if you can write it off? Then read on! In this guide, you’ll find some examples of directors loans, how they are handled on the balance sheet depending on whether they are overdrawn or not as well as the tax implications of charging interest on a debt owed to you.

How to Get a UTR Number from HMRC

how to get a utr number

UTR Stands for Unique Tax Payers Reference. If you have been asked to get a UTR then the quickest way is to go online. Here’s what you need to do.