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T1G Loan for company director
Posted: Fri Jun 12, 2015 2:08 pm
by Kal0082
Hi All,
I have withdrawn a loan from my company, it appears in the bank statements of course. Do I have to explain this to the case worker or provide any letters from the accountant regarding it ?
Thanks in Advance
Re: T1G Loan for company director
Posted: Fri Jun 12, 2015 3:53 pm
by Tishu123
I think your CA would include it in your copany accounts which you should submit with ur docs. I might be wrong.
Re: T1G Loan for company director
Posted: Mon Jun 15, 2015 11:59 am
by Kal0082
Tishu123 wrote:I think your CA would include it in your copany accounts which you should submit with ur docs. I might be wrong.
Yes, I will be part of the year end accounts (CT600) which I will provide in my application. But do I need to provide any explanation to the case worker ? Is the loan considered as an income or not ?
Regards,
Kal
Re: T1G Loan for company director
Posted: Tue Jun 16, 2015 9:17 am
by Kal0082
Any idea guys please ? it's really urgent
Re: T1G Loan for company director
Posted: Thu Jun 18, 2015 9:16 am
by Kal0082
I know many doesn't know but I am there are the experts and gurus who came across this before. Please help.