March 2014 Blog

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In the Know: What is a Director's Loan?

Published on Monday, March 17, 2014

Written by Churchill Knight

Back up plans can be a valuable thing. Take Director’s Loans for example. Useful when running a limited company and can act as a handy back up. Most contractors might never need to use it, however, if you decide you need to take out money from your business account that exceeds how much you have, the money is then treated as a loan to the company. Read more...

Budget 2014: What we'd like to see announced

Published on Thursday, March 13, 2014

Written by Churchill Knight

Following a fraught and busy financial year, the overall assessment of how well Chancellor George Osborne has implemented his promises from the 2013 Budget is – not bad, could do better. Critics rounded on the government’s policy on borrowing for example, with the Shadow Chancellor, Ed Balls, calling the government’s stance as ‘borrowing for failure’. Read more...