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Where Taxpayers and Advisers Meet

Directors loan interest investment company

antalya
Posts:11
Joined:Wed Aug 06, 2008 4:01 pm
Directors loan interest investment company

Postby antalya » Sat Apr 15, 2017 6:05 pm

I understand a trading company may pay interest on a credit balance owed to the directors in the loan account with the completion of a CT61 and the appropriate tax deduction. Does the same apply to an investment company (small ltd company) or do different rules apply with regards interest payments.

bibescu
Posts:25
Joined:Tue Sep 21, 2010 9:33 am

Re: Directors loan interest investment company

Postby bibescu » Sat Apr 15, 2017 8:36 pm

Based in HMRC link, any company or organisation.
https://www.gov.uk/government/publicati ... ments-ct61


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