HMRC has updated its ‘Issue briefing: disguised remuneration charge on loans’, originally published in July 2018, to remind individuals affected by the loan charge who did not settle by 5 April and are not covered by the November 2017 settlement terms to provide HMRC with information on their outstanding loans by 30 September 2019 and file a self-assessment return by 31 January 2020.
Employed scheme users must, where possible, give the relevant details to their employers, who will account for the loan charge through PAYE.
HMRC has updated its ‘Issue briefing: disguised remuneration charge on loans’, originally published in July 2018, to remind individuals affected by the loan charge who did not settle by 5 April and are not covered by the November 2017 settlement terms to provide HMRC with information on their outstanding loans by 30 September 2019 and file a self-assessment return by 31 January 2020.
Employed scheme users must, where possible, give the relevant details to their employers, who will account for the loan charge through PAYE.
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