A director draws monthly amounts from his loan account, with the debit being cleared by a quarterly dividend. Are HMRC correct in contending that the director has the benefit of an interest-free loan?...
Following a VAT control visit, HMRC are raising additional VAT assessments having compared turnover and opening and closing debtors in the accounts with the returns made on the cash accounting basis
The director of Y Ltd becomes a director of Z Ltd. Y Ltd provides its director’s services to Z Ltd. A detailed examination of the conditions for enterprise investment relief follows