UK dividend and shareholders loan - non cash transactions


Joined
Apr 12, 2015
Messages
1
Reaction score
0
Country
United Kingdom
Can a limited company declare a dividend on accrued income receivable and at the same time create a loan from the shareholder (that he paid back the declared dividend back to the company) thus creating a liability for the company to back the loan to the shareholder. All non cash transaction. please advise.
 
Ad

Advertisements


Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Top