Directors loan accounts - Understanding Corporation Tax Act 2010

Theoretically, each company director has a loan account, which could be in debit, credit, or zero balance. While we are focusing on loan accounts with a debit, many will have a credit where a director has put their own money into the company. Whatever the situation, the company must record any changes in a director’s loan account, creating a detailed paper trail.

Wilkins Southworth is a friendly accountants practice based in Barnes, South West London.
The practice has an international aspect that means we have built up a bank of experience in dealing with Double Taxation Treaties and liaising with tax offices around the world.


Business Tax and Property Tax Articles and Videos
Chris Wilkins is often invited to write tax and accounting articles for magazines, journals and trade publications.
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Visit this section for a selection of articles that have been published in recent years.
For more information on the Directors loan accounts or the accounting services we provide, please feel free to contact us by post, telephone, fax or e-mail using the details below.

Wilkins Southworth
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*Property, Tax and Business articles*
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