Tax on a directors loan

jon_sh

If I have a directors loan of £2000 which has not been paid back within 9 months and 1 day, in one financial year and proceed to pay the 32.5% Corporation tax on that loan...

Then, the next year, the loan has not been repaid, but has in fact grown to £2500...  In this year, do I have to pay tax on £500, or do I have to pay tax on £2500 - Baring in mind I already paid tax on £2000 the previous year.

All articles I have read state that I have to pay tax on the outstanding amount, but none of them have information on outstanding amounts that already attracted corporation tax which has been paid.

Thanks in advance.

Jeremy535897

The corporation tax charge is on the increase in the amount due. When the amount reduces, the company can recover corporation tax. See:
https://www.gov.uk/directors-loans/you-owe-your-company-money