Directors loan accounts explained Directors Loan Account
The director's loan account (DLA) only applies to a limited company and is a record of the transactions between the company and its directors. LET'S TALK ABOUT DIRECTOR'S LOAN ACCOUNTS! A director's loan account is simply a record of transactions between the company and its director which determines whether the Basics of a Directors Loan Account-Tutorial A Director's Loan Account are all the transactions between the Director and the company. It's quite complicated but we talk ...