Company Owner Loan Accounts And Tax Debt


Who’s Debt is it Anyway?


Have you ever thought of the legal status of your loan from your company if it is overdrawn and the business fails due to tax or other debt? This issue was the subject of a recent very interesting decision of the High Court.


The Background


Tax Avoidance - Don't Get Caught Out - That is if you earn as much as Drs Penny and Hooper do!

 Recently the Supreme Court released its decision in the Penny and Hooper.

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