C CIO Guest 11 Aug 2009 #3 Towger said: 13% Click to expand... Thanks. And what about loans to non-employee shareholders? Is it the same?
Towger said: 13% Click to expand... Thanks. And what about loans to non-employee shareholders? Is it the same?
K KDA man Registered User Messages 78 12 Aug 2009 #4 You need to be careful. A loan to a director cannot exceed 10% of the balance sheet value! Tony www.kdaaccountants.ie
You need to be careful. A loan to a director cannot exceed 10% of the balance sheet value! Tony www.kdaaccountants.ie
N Nige Registered User Messages 1,030 13 Aug 2009 #5 Towger said: 13% Click to expand... It's 12.5% for 2009 (section 5 of the 2008 (no 2) Finance Act ).
C CIO Guest 13 Aug 2009 #6 KDA man said: You need to be careful. A loan to a director cannot exceed 10% of the balance sheet value! Tony www.kdaaccountants.ie Click to expand... Interesting. Is that to both executive and non-exec directors?
KDA man said: You need to be careful. A loan to a director cannot exceed 10% of the balance sheet value! Tony www.kdaaccountants.ie Click to expand... Interesting. Is that to both executive and non-exec directors?