Interest charged on credit directors loan account

When is it a good idea for tax to charge interest to a company for a credit directors loan account?

For an owner managed business, assuming small salary and balance in dividends is going to be used, charging interest just swaps 21% for 20%, but reduces the basic rate tax band available for dividends, potentially pushing some dividends in to higher rate tax?

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Do the numbers

Anonymous |

I think ...

nogammonsinanundoubledgame |
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Use of otherwise wasted PA

DMGbus |
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