Directors' Transactions - s455 Tax, Beneficial Loans and other Tax Issues

Objectives

The webinar will take you through all of the tax issues related to director transactions with their companies, looking in particular at overdrawn loan accounts.

Key topics

• Why it is essential to monitor this area regularly
• Benefit in kind on loans – what to report, how and when
• Tax on loans to participators – the rules, and the anti-avoidance measures
• Clever work with bonuses – but when do the dates work out?
• Writing off loans – the tax and NI effects and how to administer this

Who should attend

Partners and professional staff who advise small companies and wish to update or refresh their knowledge.