Limited Company The Online Accountants Limited Company The Online Accountants

Directors Loan Account (DLA) – Complete Guide for UK Company Directors

As a director of a UK limited company, managing your Director’s Loan Account (DLA) correctly is essential—not just for compliance with HMRC rules, but to protect your financial health and credibility. This guide covers both borrowing from and lending to your company—plus how interest is handled and accurately reported.

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Accountancy The Online Accountants Accountancy The Online Accountants

Debtors and Creditors Definition

You will see the accountancy terms debtors and creditors constantly referred to in bookkeeping software packages. This guide will help you understand their meaning and the differences between the two terms.

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