What are S455 Tax Rates?
Over a month ago -
Harrow and Hillingdon , London, England
Website -
https://www.dnsassociates.co.uk/blog/s455-tax-rates-changes-outstanding-loans
S455 is a corporation tax which is levied if a Director of the company borrows funds of the company and he/she is incapable to return the value within a particular time period. If a company’s director withdraws some funds from the business as a mortgage, as by the rule, the company will not have to pay any extra tax on it. Read the complete article on DNS Accountants.