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Would you pay £200,000 CGT for a £2.8 million director’s loan account?
2+ week, 5+ day ago (1710+ words) Why? Because, according to a LinkedIn post by accountant Alexandre Norian FCCA, the transaction would leave him with a director’s loan account of £2.8 million in the new company. At first glance, that sounds like an extraordinary exchange. Pay £200,000 in tax…...