Mar
6

Can directors charge interest on loans offered to Ltd co?

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As a director of a Limited company can I charge interest on loans offered to my company and what is the allowable interest Permitted by HMRC?

Many thanks. Malcolm

Editors Note: From HMRC >> https://www.gov.uk/directors-loans/you-lend-your-company-money

If you lend your company money: Your company does not pay Corporation Tax on money you lend it.

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