UK Accountant for Director’s Loan Account Analysis

£10-50 GBP

Completed

Posted 6 days ago

£10-50 GBP

Paid on delivery

Here is a much simpler version: UK Accountant Required to Review a Director’s Loan Account I am looking for a UK-qualified accountant who understands UK company and tax law to explain how a Director’s Loan Account can be used for the following types of entries, and why an accountant would choose to post them through the DLA. The entries include: * Third-party investor funds * Dividends * Personal credit-card expenditure used for company investment and refurbishment costs * Sundry debtor balances * Ordinary shares * Payments made personally on behalf of the company * Other year-end adjustments and reallocations * Amounts used to clear the final DLA balance I would like the accountant to explain: * whether each of these types of entries can properly be posted through a DLA * why this may have been done * whether any of the entries should instead have been recorded elsewhere * whether the DLA treatment created any tax consequences * how the DLA was ultimately cleared The records cover the period from 2019 to 2023. I can provide the DLA ledgers, trial balance, Corporation Tax computations and HMRC correspondence for review.

Project ID: 40561629

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Awarded to:

@AnwarIqbal420

£0 GBP in 1 day

5.0

(86 reviews)

6.9

4 freelancers are bidding on average £30 GBP for this job

@swatijain5558

With over 5 years of experience in UK accounting and tax law, I can expertly review the Director's Loan Account entries for your project. I understand the complexities involved in processing third-party funds, dividends, personal expenditures, and year-end adjustments through the DLA. Could you please clarify if you require analysis on potential tax implications of these transactions? Regards, CA. Swati Jain, CPA

£20 GBP in 5 days

5.0

(18 reviews)

4.6

@Trysyed3

Hi there, After reviewing your project, I am confident I can handle this smoothly and professionally. As a UK-qualified accountant with a strong understanding of UK company and tax law, I am well-equipped to review the Director’s Loan Account entries you have outlined. I have experience in analyzing complex financial data and providing clear explanations for accounting treatments. I will thoroughly assess each type of entry mentioned, determine if they are appropriate for the DLA, explain the rationale behind their posting, and identify any potential tax implications. I will also ensure that all entries are accurately recorded and compliant with relevant regulations. You can expect work aligned with your goals, properly formatted final reports, revisions included, clear communication, and timely delivery throughout the process. I look forward to the opportunity to delve into this project further and provide valuable insights. Best regards, Ameema UK Accountant for Director’s Loan Account Analysis

£40 GBP in 7 days