Directors Loan Accounts and P11Ds

Posted by Constantly Confused PM | on Tue, 08/05/2012 - 15:18 3238 21 comments | report

06/04/11 - £2,000 overdrawn

30/05/11 - £10,000 o/d

30/6/11 - £1,000 in black

30/8/11 - £1,000 o/d to end of year

Ignore up to 30/5/11 as under £5,000.

Entry for 30/5/11 to 30/6/11 when loan paid off

No further entries? Or 30/8/11 -> as there was a loan over £5k in the year, even if this wasn't this loan specifically.

Help?

Comments

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Two loans

Steve Kesby | Tue, 08/05/2012 - 15:28

Sorry

Constantly Confused | Tue, 08/05/2012 - 15:41

Yes but...

Steve Kesby | Tue, 08/05/2012 - 15:59

.

Constantly Confused | Tue, 08/05/2012 - 16:02

Exact method

BKD | Tue, 08/05/2012 - 16:16

In your example

Steve Kesby | Tue, 08/05/2012 - 16:26

beware of

carnmores | Tue, 08/05/2012 - 16:41

here's one

mr. mischief | Tue, 08/05/2012 - 21:09

@ Mr Mischief

George Attazder | Tue, 08/05/2012 - 21:32

I did not mean that

mr. mischief | Tue, 08/05/2012 - 22:21

Nonsense!

George Attazder | Tue, 08/05/2012 - 23:00

.

BKD | Wed, 09/05/2012 - 10:56

Humble opinion

andy.partridge | Wed, 09/05/2012 - 11:18

Bah humbug!

George Attazder | Wed, 09/05/2012 - 11:45

Glad to see it was not just me!

mr. mischief | Wed, 09/05/2012 - 13:00

Haha

Constantly Confused | Wed, 09/05/2012 - 14:08

P11D - Woksheet WS4

JC | Wed, 16/05/2012 - 11:35

why not charge interest and avoid the BIK

pauljenkinsandco | Wed, 16/05/2012 - 12:33

but is there a CT liability for the company?

CaroSuz | Wed, 16/05/2012 - 18:08

CT liability

pauljenkinsandco | Wed, 16/05/2012 - 18:55

s455?

Alf | Thu, 17/05/2012 - 10:06