Can I Just Take Money Out of My Company?
Let’s set the scene. You’re a director. You run the company. The money’s in the bank. Surely borrowing a little bit for a holiday 🏖️ / new kitchen 🏠 / “temporary cashflow reasons” 🤔 is fine… right? Welcome to the wonderful world of Director’s Loans. A Director’s Loan Account (DLA) is created whenever you take […]
