Do Company ("at call") loan repayments to Company director for repayment of a ("at call") loan from Company director to a Company contribute directly toward "Payments to associated persons" on a Company tax return?
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1 replies
HI @kind1,
No, it shouldn't.
We've answered a similar question to this in a prior post.
Only interest earnt from the loan would be a contributing factor. 💲
All replies
HI @kind1,
No, it shouldn't.
We've answered a similar question to this in a prior post.
Only interest earnt from the loan would be a contributing factor. 💲
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