Sarika Dhanjal
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Clarification on Interest charged on directors loans
Hello I am a director of a limited company. Previously, I have loaned my limited company money from my personal account at 0% interest, which was fine. However, in the last tax year (23/24) I have loaned some more money to the same limited company, but now my new accountant has said I must charge my company interest? Have the rules changed? thanks