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arjunsharma88

Inter company loans - Need advice from an Accountant

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Hello,

I have been working as a freelancer for the last 3~4 years and have saved some money in my LTD company (Company A)

Reading online I've seen(I could be completely wrong here)...

I can set up a LTD company -> Company B

 

Company A lends Company B

Company A -> Company B

 

And I write off the loan in Company A in a later date? How exactly does this work?

 

Thanks AJ

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