HMRC loan charge settlement scheme for disguised remuneration liabilities

HMRC has set out a settlement scheme for outstanding disguised remuneration loan charge liabilities. It applies to individuals and employers where amounts remain unpaid.

HMRC has a settlement scheme for outstanding disguised remuneration loan charge liabilities. It covers Income Tax, National Insurance contributions and late payment interest that arose because of the loan charge.

It applies to individuals and employers who have not paid these liabilities in full. The loan charge normally fell in the tax year ending 5 April 2019. It also applies where loan charge income was received in earlier tax years and where the loan charge was included in a settlement agreed after 1 June 2021.