This paper has been prepared using HMRC’s toolkit for advisers on directors’ loans. A copy of the HMRC toolkit can be found here. Overview A director may receive a loan advance from his own company provided that it is not in financial difficulty and subject to adherence to the provisions of the company’s articles and…
Month: November 2015
Eight employment expenses you may be able to claim against tax
Many employees incur expenses doing their job that they don’t reclaim from their employer. You can reclaim these costs against tax going back up to 4 years. Here are some suggestions.…
Where should a small business look for development finance?
Small businesses are finding it increasingly difficult to raise finance from banks and are turning to alternative sources of finance. In this article we have reviewed the market for corporate debt and look at what small businesses should do if they need finance to grow. Since the recession, and to avoid too much risk taking,…
