Director's loan refresher and update - what do you mean the company's money isn't mine?

The things we do for tax

The CPD tax podcast provides a refresher of the tax issues of director’s loans.

The podcast covers

· A review and refresher of the rules

· Coverage of the bed and breakfasting rules

· 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 [e-mail]

By the end of the course you will be up to date with current legislation on director’s loans

Check www.thethingswedofortax.co.uk for new episodes providing CPD for tax accountants

Bab

1. Director's loan refresher and update - what do you mean the company's money isn't mine? (00:00:00)

2. Key issues on director's loans (00:02:30)

3. s455 Basic review of the legislation (00:02:46)

4. Close company and participators (00:03:13)

5. What is a loan? (00:03:54)

6. Joint accounts (00:04:29)

7. Netting off loans (00:05:03)

8. The tax charge (00:05:29)

9. Repaying the tax (00:06:02)

10. Director's tax return (00:07:22)

11. Order of set off of repayments (00:08:47)

12. Refund of the s455 tax (00:09:27)

13. Liquidations (00:10:33)

14. Write off of the loan (00:10:53)

15. Director dies owing money (00:11:47)

16. Beneficial loan interest (00:12:05)

17. Loan interest de minimis (00:12:44)

18. Bed and breakfasting - the basics (00:14:17)

19. The 30 day rule (00:16:57)

20. The second rule / arrangement (00:17:56)

21. Illegal dividend (00:21:09)

22. Undeclared sales (00:22:06)

23. Partnerships and groups (00:24:21)

24. Incorporation and the Pickles case (00:26:38)

25. s 464 (00:32:29)

26. Liquidations (00:34:01)