(2-Minute Read) Find out about the implications of lending your company money Can I lend my business money? Most small companies start trading with money borrowed from the directors, which can later be paid back. These loans are typically done through informal “director’s loans“. This loan doesn’t have to be in the form of money,… Read more »
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Reduce the cost of borrowing from your company
A director can borrow £10,000 from their company interest free. However, there are strict anti-avoidance rules which mean that the company has to pay. As the director shareholder of a company the net value of assets belongs to you, however, in law the company is a separate person. This means when you take… Read more »