10/06/2026
💡 Thinking of writing off a director’s loan to avoid Section 455 tax? It may not be as simple as it seems. A loan write-off can trigger dividend tax charges and potentially National Insurance liabilities for both the director and the company. Understanding the rules could save you money and prevent costly mistakes.
👉 Read More: https://makesworth.co.uk/directors-loan-write-off-tax-implications-every-business-owner-should-know/
Thinking of writing off a director’s loan? Learn the tax, National Insurance and Section 455 implications before making a costly decision.