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Repayments on £5,000 exempt small loan
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CannyJock
Posts: 3,838 Forumite
in Cutting tax
Been revising my understanding of the £5,000 small loans exemption for company directors and re-read the section on the HMRC website.
Can't find any reference to minimum repayment requirements.
Are there any?
Can't find any reference to minimum repayment requirements.
Are there any?
"A child of five could understand this. Fetch me a child of five." - Groucho Marx
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Any takers?"A child of five could understand this. Fetch me a child of five." - Groucho Marx0
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