Very helpful and clearly explained. Thank you for posting.
@accountantshe2 жыл бұрын
Thank you for your feedback!
@oluwadaresamueloketade9781 Жыл бұрын
Thanks for this explanations it really helpful. But my question is if the director's loan has a credit balance in the previous year, and debit balance in current year or vice versa. What would be the effect in financial statement. Thanks
@accountantshe Жыл бұрын
Hi, a credit on the balance sheet is a liability and a debit on the balance sheet is an asset :)
@sharpfocusproductions2 жыл бұрын
Very helpful! Thank you!
@accountantshe2 жыл бұрын
Glad it was helpful!
@wisdom_wellness365 Жыл бұрын
Very nice! I like it!
@accountantshe Жыл бұрын
Thanks for watching!
@HereAndCurious2 жыл бұрын
Hello Rachel, What does one do if a Director withdraws over £200K from the company and hasn’t repaid it for over 9 months ? Thanks
@innerstandin_wil Жыл бұрын
Hi have you gotten a solution to this I am looking fir same thing
@reedee53067 ай бұрын
Must pay CT on this
@Nattystrong6 ай бұрын
Then the company has to decide to declare this £200k as a dividend and to pay dividend tax.
@wickramadesilva38555 ай бұрын
Can we settle the DLA with any dividends due?
@WendyFTBC2 жыл бұрын
How do Director's loans differ from Shareholder loans?