Because a ‘company’ has a distinct legal identity, it is effectively treated as an ‘artificial person’.
Therefore, a company tax return must be lodged separately from the director’s or any other stakeholder’s. To avoid complications, it is best to seek advise from a company tax return accountant to make things clearer and easier for you.
Company returns are complex and loans to directors are subject to strict anti-avoidance compliance.
Similar to a partnership tax return, if your business is structured as a company, it’s critical that you engage an experienced company tax return accountant to support you with your lodgment.
That’s who we are at Nav Accountants: your company tax return accountant to keep your tax returns in order.
Book a free consultation with Nav Accountants today to find out more.

Get in touchEmploying a tax expert is essential for compliance, and to help you minimise your tax payments.