Sole trader
About 40 transactions a month
£45a month
About 3 hours at £15
Price my businessDirector's loan account bookkeeping
Mixing personal and company money is easy and costly. A clear loan account shows exactly where you stand before the year-end.
- Flat £15 an hour
- No contract
- Qualified UK team
- Pay online in minutes
Director's loan account bookkeeping
Your price
3.5 hours at £15
£52.50
Set-up fee£0
ContractNone
Regulated firm
Qualified team
Qualified team
Certified advisor
ProAdvisor- FreeAgentSupported software
- 4.9 out of 5300+ Google reviews
The short answer
What is director's loan account bookkeeping?
Director's loan account bookkeeping records every sum a director takes from or puts into a limited company outside salary and dividends. If an overdrawn balance is not repaid within 9 months and 1 day after the year-end, the company pays a 33.75% s455 charge. We track it so you can plan ahead, for £15 an hour.
What you get.
Everything below is included in the hours. About half an hour to 2 hours a month on top of core bookkeeping.
Every director transaction coded to the loan account
Running balance and overdrawn warnings
Repayment and dividend planning figures
Section 455 exposure estimate
Beneficial loan interest flagged where relevant
Loan account schedule for your accountant
£15
an hour, the same for every service
0
long contracts to sign, stop whenever you like
19
bookkeeping services under one flat rate
UK
wide, delivered online by a qualified team
Up and running in four steps.
- 1
Share all accounts
Business and personal accounts you use.
- 2
We code every item
Business, personal or loan.
- 3
Monthly balance
A running position.
- 4
Year-end plan
Options to clear before the deadline.
Made for
- Owner-managed limited companies
- Directors paying personal costs from the business
- Companies starting up with director funding
Used by businesses like yours.
See how this service works for your sector, with the rules and records that matter to it.
What director's loan account bookkeeping costs
A flat £15 an hour, so the price is simply the hours your business needs.
Limited company
About 150 transactions a month
£97.50a month
About 6.5 hours at £15
Price my businessBusy business
About 300 transactions a month
£165a month
About 11 hours at £15
Price my businessExamples only. Your instant quote gives your exact price, with no contract and no set-up fee.
Clients say it better than we do.
4.9300+ Google reviews of Accotax
“He took the time to explain every step of the process and made a complex situation much easier to understand.”
Hugo Alvarez
Google review of Accotax
“They take the time to understand how our business works and what our needs are.”
Mael Leboucher
Google review of Accotax
“Very prompt in responding to questions and patient with us even when we seem to be slow.”
Mansur Liman
Google review of Accotax
“The work was completed promptly, my tax return was successfully filed.”
Sergey M
Google review of Accotax
Director's loan account bookkeeping: your questions.
What is a section 455 charge?
It is a tax charge on a close company that has lent money to a participator, such as a director, and the loan is still outstanding 9 months and 1 day after the company's year-end. The rate is 33.75% of the outstanding balance, repayable when the loan is cleared.
How much does bookkeeping cost in the UK?
At Bookkeeping Services, bookkeeping costs a flat £15 per hour. Most sole traders need 2 to 4 hours a month (£30 to £60) and small limited companies 4 to 8 hours (£60 to £120). Our instant quote gives your exact figure.
Is there a contract or set-up fee?
No long contract. Onboarding time is charged at the same £15 hourly rate and shown clearly in your quote.
Which accounting software do you support?
Xero, QuickBooks Online, FreeAgent and Sage, plus migration from spreadsheets.
Do you cover the whole of the UK?
Yes. Everything is done online, so we work with clients across England, Scotland, Wales and Northern Ireland.
More ways we can help.
- Monthly bookkeepingEvery transaction coded, every account reconciled, every month.
- Catch-up bookkeepingMonths or years behind? We bring your records right up to date.
- VAT-ready bookkeepingMaking Tax Digital compatible books, so every VAT return is calm.
- Xero bookkeepingXero set-up, clean-up and ongoing bookkeeping done properly.
- QuickBooks bookkeepingQuickBooks Online bookkeeping and tidy-ups for UK businesses.
- Bank reconciliationEvery penny matched to the statement, with exceptions explained.
Director's loan account bookkeeping, sorted.
See your exact price in about a minute and pay securely online.
Prefer a call? We will ring you.
Leave your details and a bookkeeper calls at a time that suits you.
Rather pick the time yourself? Open the booking calendar