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Navigating the Pitfalls of Overdrawn Directors’ Loan Accounts and Illegal Dividends

Navigating the Pitfalls of Overdrawn Directors’ Loan Accounts and Illegal Dividends

Roger Farrell
Published on: 27/11/2024

Business owners have been through hell in the last few years. From Covid, working from home, lack of supply of materials, inflation and huge interest rate hikes. This is topped off by increasing corporation tax rates and loans no business owner wanted in the first place, but still need to be repaid.

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