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What are S455 Tax Rates?

Over a month ago - Harrow and Hillingdon , London, England Website -

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S455 is a corporation tax which is levied if a Director of the company borrows funds of the company and he/she is incapable to return the value within a particular time period. If a company’s director withdraws some funds from the business as a mortgage, as by the rule, the company will not have to pay any extra tax on it. Read the complete article on DNS Accountants.