Overdrawn DLA

Moobag Registered Posts: 59 💫 🐯 💫
I have a client who has an overrawn directors loan account of £2.2k, where does this need to be shown on his Tax return???

Any help greatly appreciated.


  • Monsoon
    Monsoon FMAAT, AAT Licensed Accountant Posts: 4,071 🎆 🐘 🎆
    On his personal return? No.

    Might have to be shown on the CT600 if it was outstanding more than 9 months after the year end.
  • Moobag
    Moobag Registered Posts: 59 💫 🐯 💫
    Thanks, I didn't think it was shown on personal tax return but someone told me it did been looking today and couldn't find it!

    I wonder if they ment P11d?
  • Bluewednesday
    Bluewednesday Registered Posts: 1,624
    The only thing I can think is that it would be beneficial loan interest on the p11d but as it's not over £5k (assuming that it hasn't been at any time during the year) that wouldn't apply
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