Hi. I know this is a topic that is done to death but the more I look into it the more confiused I get. If a director pays interest on their overdrawn loan account (>£10k) at the HMRC official rate and the interest is paid by 19 July, is it still necessary to report the loan on a P11D, albeit there is no Class 1A for the company? I have read that if sufficient interest has been paid, then the director has not received a beneficial loan, and so there is nothing to report, hence no P11D required. Thanks in advance for any help.