Pro Taxman Blogs

Finance & Accounting>Finance & Accounting

Loans to participators

Owner manager companies are usually ‘close companies’ that is ‘under the control of: (a) five or fewer participators, or (b) participators who are directors’. For

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Finance and Accounting

Loans to participators

Where a close company (or LLP) makes a loan (otherwise than in the ordinary course of a business) to an individual who is a participator

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