Directors Loan Accounts and P11Ds

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 |
Steve Kesby's picture

Sorry

Constantly Confused |
Constantly Confused's picture

Yes but...

Steve Kesby |
Steve Kesby's picture

.

Constantly Confused |
Constantly Confused's picture

Exact method

BKD |
BKD's picture

In your example

Steve Kesby |
Steve Kesby's picture

beware of

carnmores |
carnmores's picture

here's one

mr. mischief |
mr. mischief's picture

@ Mr Mischief

George Attazder |
George Attazder's picture

I did not mean that

mr. mischief |
mr. mischief's picture

Nonsense!

George Attazder |
George Attazder's picture

.

BKD |
BKD's picture

Humble opinion

andy.partridge |
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Bah humbug!

George Attazder |
George Attazder's picture

Glad to see it was not just me!

mr. mischief |
mr. mischief's picture

Haha

Constantly Confused |
Constantly Confused's picture

P11D - Woksheet WS4

JC |

why not charge interest and avoid the BIK

pauljenkinsandco |
pauljenkinsandco's picture

but is there a CT liability for the company?

CaroSuz |

CT liability

pauljenkinsandco |
pauljenkinsandco's picture

s455?

Alf |