Be careful when borrowing money from your company as a director – you might fall foul of the ‘bed and breakfasting’ scenario

Directors’ loans – Beware of ‘bed and breakfasting’ It can make sense financially for directors of personal and family companies to borrow money from the company rather than from a…

Continue Reading Be careful when borrowing money from your company as a director – you might fall foul of the ‘bed and breakfasting’ scenario