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Posted Sun, 02 Jun 2024 23:00:26 GMT by alexchen
Hi After reading, Director's loans, https://www.gov.uk/directors-loans/you-owe-your-company-money I will lend money to my SPV BTL company via the Director's Loan Account. There are several questions seeking your advice. 1) Can I assume there will be no income tax when the company return this money back to me – no matter as a whole, or portion by portion over years? I would charge company interest, and company will treat this as its expense. 2) Can I further lend this interest to the company without influence my current income tax? Many thanks! 

Name removed admin .
Posted Mon, 03 Jun 2024 14:51:34 GMT by HMRC Admin 17 Response

Hi,
 
The guidance that you have read and quoted in your query answers what happens when you lend your company money.

If you want further advice on the tax treatment of a particular scenario, as your question is very specific, you should consult a financial adviser who will be able to assist further.

Thank you .

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