Directors' Responsibilities

Being a company director carries real legal responsibility. Our guides explain directors’ duties, filing and reporting obligations, the rules on directors’ loans, and where personal liability can arise, so you lead with clarity and confidence.

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Directors are personally accountable for a great deal. Our clear, actionable guides help you understand and meet your responsibilities, from day-to-day duties to the situations that carry the greatest risk.

Your legal duties as a director

Company law sets out what every director must do. Our guides explain the statutory directors’ duties, including promoting the company’s success and avoiding conflicts, in plain, practical terms.

Filing and reporting obligations

Missing a deadline can mean penalties or worse. We cover the accounts, confirmation statements and other filings you are responsible for, and how to keep the company in good standing.

Directors’ loans and personal liability

The tax rules on directors’ loan accounts trip many people up. Our guidance explains how they are taxed, how to avoid the common traps, and the circumstances where directors can become personally liable.

Insolvency and personal liability

Directors face their greatest exposure when a company is in difficulty. Our guidance explains your duties as solvency comes under pressure, the risks of wrongful and fraudulent trading, and the steps to take to protect yourself and your creditors if the worst happens.

Lead with confidence

Written by specialists as part of the Lefebvre Group, our guides give directors dependable answers when the responsibility is theirs.

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