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Is corporation tax payable on money (from my personal account) I seed my Ltd company with?

Answer
Tim
Posted Fri, 06 Sep 2024 15:32:48 GMT by Tim
Hi there, I'm looking to seed a Ltd company with £1k from my personal funds (on which I've already paid income tax). Will this £1k be subject to corporation tax / be treated as income?
Answer
HMRC Admin 13 Response
Posted Thu, 12 Sep 2024 13:13:57 GMT by HMRC Admin 13 Response
Hi,
Guidance on when you lend your company money is available on our website at: Director's loans: If you lend your company money
Guidance on loan relationships is available at CFM30000 - Loan relationships: Contents - HMRC internal manual
Thank you

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