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T1G Loan for company director

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Kal0082
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Joined: Tue Jun 09, 2015 12:06 am

T1G Loan for company director

Post by Kal0082 » Fri Jun 12, 2015 2:08 pm

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I have withdrawn a loan from my company, it appears in the bank statements of course.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

Tishu123
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Joined: Tue Jun 09, 2015 10:48 pm

Re: T1G Loan for company director

Post by Tishu123 » Fri Jun 12, 2015 3:53 pm

I think your CA would include it in your copany accounts which you should submit with ur docs. I might be wrong.

Kal0082
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Posts: 7
Joined: Tue Jun 09, 2015 12:06 am

Re: T1G Loan for company director

Post by Kal0082 » Mon Jun 15, 2015 11:59 am

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

Kal0082
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Posts: 7
Joined: Tue Jun 09, 2015 12:06 am

Re: T1G Loan for company director

Post by Kal0082 » Tue Jun 16, 2015 9:17 am

Any idea guys please ? it's really urgent

Kal0082
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Posts: 7
Joined: Tue Jun 09, 2015 12:06 am

Re: T1G Loan for company director

Post by Kal0082 » Thu Jun 18, 2015 9:16 am

I know many doesn't know but I am there are the experts and gurus who came across this before. Please help.

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