2 articles tagged with S455 Tax.
Overdrawn director loan accounts trigger S455 tax at 35.75% on outstanding balances. Learn the nine-month clearance rule, repayment strategies, and employment income risk.
Everything UK directors need to know about loan accounts in 2026/27 -- S455 tax at 33.75%, repayment deadlines, write-off rules and HMRC traps to avoid.