Legislation has now been published regarding an announcement regarding the treatment of loans from a company to shareholders which was made in the Budget in March. This will be finalised when the Finance Act becomes law (normally in July) but the new rules have effect for some transactions from 20 March 2013.
To read our factsheet on this legislation please click here.
If you require any further information or advice regarding this issue please contact Linda Warner on 01483 416232.
