There were important anti-avoidance changes to the tax regime earlier in 2013, whereby the company can face a tax charge of 25% on the loans, and there was the threat of more changes on the way. However, following consultation it has been decided that there will be no immediate changes. Good news of course, but for how long?
Close company loans
News: January 2014
Close company loans
There were important anti-avoidance changes to the tax regime earlier in 2013, whereby the company can face a tax charge of 25% on the loans, and there was the threat of more changes on the way. However, following consultation it has been decided that there will be no immediate changes. Good news of course, but for how long?
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