A short guide to Section 455 and directors’ loan accounts
Directors’ loan accounts (DLAs) can be very useful – especially for owner-managed businesses – but they come with some tax implications under Section 455 (Corporation Tax Act 2010).
Directors’ loan accounts (DLAs) can be very useful – especially for owner-managed businesses – but they come with some tax implications under Section 455 (Corporation Tax Act 2010).
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With the recent HM Revenue & Customs (HMRC) warnings, businesses operating workplace nursery schemes must understand the relevant regulations to avoid considerable tax penalties.
Recent changes by HM Revenue & Customs (HMRC) have altered the method for processing PAYE refunds.