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Children's private school fees

10th December 2009
Page 29
Page 29, 10th December 2009 — Children's private school fees
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Which of the following most accurately describes the problem?

A number of directors' loan accounts A £200,000 helicopter (and landing pad) used by a

director to travel five miles from home to office

I loliday homes in Spain bought in a director's name an entirely separate business, run by a director's wife.

funded by the company and running up £2m in debts A director's yacht These examples are in addition to a host of small and not-so-small perks, from personalised number plates to Porsches and Bentleys.

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