This article describes how to explain a salary payment that has been paid out of your bank account to a director if the amount was larger than they were due to receive. It also describes how to explain the money paid back by the director.
FreeAgent is registered with the Financial Conduct Authority under the Payment Services Regulations 2017 (register no. 799763) for the provision of account information services.
Registered in sunny Scotland No. SC316774 - One Edinburgh Quay, 133 Fountainbridge, Edinburgh, Scotland, UK EH3 9QG