Podcast Episodes
A summary of each podcast episode is shown below. You can download the episodes where you usually obtain your podcasts including: Apple Podcasts, Amazon music, Spotify, Google podcasts, Podcast addict, Podchaser, PlayerFM or play from the link below.
The podcasts provide tax CPD for accountants based in the UK
Tax issues of director's loans update for 2023
Contact Ros Martin
Director's loans
The CPD tax podcast covers the tax issues of director’s loans.
It covers:
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A review and refresher of the basics of the rules
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Coverage of the bed and breakfasting rules
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Advanced aspects that can cause problems issues
The guest is Ros Martin. Ros is a tax consultant and trainer and used to work for HMRC. Ros is available for consultancy at ww.taxdr.co.uk or ros@taxdr.co.uk
By the end of the course you will be up to date with current legislation on director’s loans
List of contents
2:30 Key issues on director's loans
2:46 s455 Basic review of the legislation
3:13 Close company and participators
3:54 What is a loan?
4:29 Joint accounts
5:03 Netting off loans
5:29 The tax charge
6:02 Repaying the tax
7:22 Director's tax return
8:47 Order of set off of repayments
9:27 Refund of the s455 tax
10:33 Liquidations
10:53 Write off of the loan
11:47 Director dies owing money
12:05 Beneficial loan interest
12:44 Loan interest de minimis
14:17 Bed and breakfasting - the basics
16:57 The 30 day rule
17:56 The second rule / arrangement
21:09 Illegal dividend
22:06 Undeclared sales
24:21 Partnerships and groups
26:38 Incorporation and the Pickles case
32:29 s 464
34:01 Liquidations
