I think that loan to director one also implied that it should charge the company the same rate as dividend rate 32.5% because otherwise company can avoid the high dividend tax rate and pay dividends as director’s loan for no tax?
I’m completely lost in question 4 though. No idea how to use the numbers given. I think it was also expected to mention that the maximum non trading loss relief is the lower of £50,000 and 10% of total profit ?