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Posted Tue, 10 Jan 2023 11:28:35 GMT by Edyta B
Hello, I have a question. my question. I took out a director's loan from my LTD a few months ago for £7000. I also paid a salary of £5000 every month on the 23rd. The paylips on the other hand were always issued on the last day of the month. My accountant has informed me that because of this, every month on the 23rd my loan was in excess of £10,000 and after posting the payslip at the end of the month it dropped to 7000. Please advise if early salary payments are possible and should not count towards the director's loan or should they count and the loan should be taxed? Thank you in advance! Edyta
Posted Fri, 13 Jan 2023 12:12:04 GMT by HMRC Admin 19

Can you please contact our Employers team to discuss this further as we will need more information.

Employers: general enquiries

Thank you.

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