Category Archive: Loans

Hiring graduates? Here’s what you need to know about payroll management

It is the time of year when the job market is populated with new graduates, fresh from receiving their university results, and a great time for your business to pick out a talented new hire.

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Using directors’ loans to benefit your business 

Directors’ loans are money you borrow from your company, distinct from salary, dividends, or reimbursed expenses.  

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How to handle an overdrawn director’s loan account

As a director, have you ever considered taking a loan from your company?

If so, it’s important to be aware of the potential risks associated with an overdrawn director’s loan account (ODLA).

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33,000 new loans available for small businesses

An £884 million loan scheme for new businesses is to be expanded, it has been revealed.

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Loans to small businesses drop to lowest level on record

Banks have been accused of “pulling up the drawbridge” on lending to small businesses.

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Student loans: what is changing for graduates in April

Currently, the threshold for undergraduate loan repayments stands at £27,295 per year and will remain at this level from April 2022. As for post-graduate loans, the earning threshold will also remain the same, which is £21,000 per year.

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