by Gareth Thomas | Apr 30, 2026 | Accounting, Business, Taxes
Many owner-managed companies use a Director’s Loan Account (DLA) to record money moving between the director and the company. Most of the time, the account shows the director owing money to the company. But sometimes the opposite happens. If a director has put more...
by Gareth Thomas | Mar 27, 2026 | Accounting, Business, Taxes
One of the most common questions we hear from UK limited company directors is: “What’s the most tax-efficient salary to pay myself?” Every tax year brings new thresholds, new allowances, and the same old confusion. In 2026–27, our go-to starting point for most...
by Gareth Thomas | Jan 1, 2026 | Accounting, Business, Taxes
If you’re a director of a small or family-owned company, chances are you’ve dipped into your director’s loan account (DLA) at some point — or even lent money to the business when cash flow was tight. A DLA is simply a record of all financial transactions between you...
by Gareth Thomas | Oct 16, 2025 | Accounting, Business, Taxes
With interest rates shifting, directors might be tempted to dip into company funds for short-term personal borrowing. After all, HMRC’s official rate of interest (ORI) on employee loans is currently 3.75% per annum (from 6 April 2025), compared to an average 4.74% on...
by Megan Wellman | Feb 10, 2022 | Accounting, Business, Finance, Taxes
Having a limited company can be hard and confusing. However, one thing you always want to know is how to pay your company directors! There are a few ways that, as a director, you can extract profits, so you need to know which way is right for you and your business!...
by Megan Wellman | Jan 11, 2022 | Accounting, Employment, Investments
What are the ‘bed and breakfasting rules’ for a Directors loan account? Throughout an accounting period a director will withdraw monies from the company against the director’s loan account (DLA), the withdrawals being satisfied usually by the taking of a salary and/or...
by Charlie Clayton | Jul 29, 2021 | Business
When you’re a director of a limited company, there are special rules that apply to you when calculating Class 1 National Insurance Liabilities. The special rules allow directors of personal and family companies to control how and when they are paid. This would enable...
