5 articles tagged with S455.
If you owe your company money at year end and don't repay it within 9 months, your company pays a 33.75% S455 tax charge. Here's a complete worked example of how the numbers actually work.
The S455 charge of 33.75% applies to overdrawn director's loan accounts at the company year end. Learn repayment rules, the 30-day bed-and-breakfasting rule, and write-off consequences.
Overdrawn director loan accounts trigger 33.75% S455 corporation tax if not repaid within 9 months. Learn the rules, the traps and the best clearing strategies for 2026/27.
Overdrawn director loan accounts trigger a 33.75% S455 charge if not repaid within 9 months of year-end. BIK on loans over GBP 10,000. Full UK 2026 guide.
Overdrawn DLA triggers a 35.75% S455 charge and a Benefit in Kind. Here's exactly how the rules work, with worked examples and the cheapest way to clear it.
