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Podcast Episodes

A summary of each podcast episode is shown below. You can download the episodes where you usually obtain your podcasts including: Apple Podcasts, Amazon music, Spotify, Google podcasts, Podcast addict, Podchaser, PlayerFM or play from the link below.

The podcasts provide tax CPD for accountants based in the UK

Tax issues of director's loans update for 2023

Contact Ros Martin

Ros Martin



Director's loans


The CPD tax podcast covers the tax issues of director’s loans.


It covers:

  • A review and refresher of the basics of the rules

  • Coverage of the bed and breakfasting rules

  • Advanced aspects that can cause problems issues


The guest is Ros Martin. Ros is a tax consultant and trainer and used to work for HMRC. Ros is available for consultancy at or


By the end of the course you will be up to date with current legislation on director’s loans

List of contents

2:30      Key issues on director's loans

2:46      s455 Basic review of the legislation

3:13      Close company and participators

3:54      What is a loan?

4:29      Joint accounts

5:03      Netting off loans

5:29      The tax charge

6:02      Repaying the tax

7:22      Director's tax return

8:47      Order of set off of repayments

9:27      Refund of the s455 tax

10:33    Liquidations

10:53    Write off of the loan

11:47    Director dies owing money

12:05    Beneficial loan interest

12:44    Loan interest de minimis

14:17    Bed and breakfasting - the basics

16:57    The 30 day rule

17:56    The second rule / arrangement

21:09    Illegal dividend

22:06    Undeclared sales

24:21    Partnerships and groups

26:38    Incorporation and the Pickles case

32:29    s 464

34:01    Liquidations

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