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Limited company low earnings
by mikejac at 15:12 13/01/14 (Letters from Freelancers)
Limited company not earning enough to cover running expenses.
Suppose, in a year where a limited company has not earned enough to cover it's running expenses, the director therefore has to cover the deficit from his own resources.

Could that be viewed as a negative director's loan?

Could the director then claim tax relief on these contributions?
--
mikejac

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Limited company low earnings mikejac - 15:12 13/01/14
Re: Limited company low earnings PDeeprose - 12:55 14/01/14
Re: Limited company low earnings robwherrett - 00:46 15/01/14

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