Useful Resources

ca4it Chartered Accountants 4 IT Professionals has developed this network of Useful Resources to aid Independent Professionals (including information technologists, lawyers, physicians. architects, engineers, dentists and other professionals) in the set up and maintenance of their business.
These resources include:

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Did you know?

Shareholder Loans

The Income Tax Act provides that shareholder loans are included in the shareholder's income in the year that the loan was made unless the loan is repaid within one year after the end of the lender's taxation year in which the loan was made. Generally, bonuses, salaries and dividends are considered bona fide repayments by shareholders.

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