Each director in a limited company has their own director's loan account, which can be in credit or debit at any time.

If you pay into your director's loan account and it's in credit, you're essentially making a loan to the company.

This means that you may charge interest on the amount, as long as it's in line with commercial interest rates. Just remember that the company will have to deduct income tax at the basic rate before paying you the interest!

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