Loan account of director: payment of director's bills charged to loan account: loan account not overdrawn  

Circumstances

Where the employer pays a director's personal bills and charges the payment to his or her loan account but the account is not overdrawn

Class 1 NICs

No

PAYE

No

Enter on P11D

No

Class 1A NICs

No

Enter on P9D

No

Further information

NIM12016

Level 2 Table of Contents

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