2019 Loan Settlement. What do you actually pay?

[Shaun89]

Hi,
I also received the Email from AML regarding the 2019 Loan Charge.
Having looked into my options I am currently considering registering my interest to settle by May 30th

AML Have provided me of a break down of my 2 years in the scheme.
2014/2015 - £5,505.00
2015/2016 - £26,426.00

My question is, is there a simply way to get a ruff idea of what percentage I would need to payback on this should I decide on going with the Settlement.

I understood there will be over factors I’m just trying to get a ruff idea for peace of mind.

Thanks

[luxCon]

Hi,
I also received the Email from AML regarding the 2019 Loan Charge.
Having looked into my options I am currently considering registering my interest to settle by May 30th

AML Have provided me of a break down of my 2 years in the scheme.
2014/2015 - £5,505.00
2015/2016 - £26,426.00

My question is, is there a simply way to get a ruff idea of what percentage I would need to payback on this should I decide on going with the Settlement.

I understood there will be over factors I’m just trying to get a ruff idea for peace of mind.

Thanks

Consider the figures above as additional earning on top of each year's Self Assessment tax return. Put the updated earning in to a tax calculator

[Nicolette]

How long did it take you to get those figures from AML?

Hi,
I also received the Email from AML regarding the 2019 Loan Charge.
Having looked into my options I am currently considering registering my interest to settle by May 30th

AML Have provided me of a break down of my 2 years in the scheme.
2014/2015 - £5,505.00
2015/2016 - £26,426.00

My question is, is there a simply way to get a ruff idea of what percentage I would need to payback on this should I decide on going with the Settlement.

I understood there will be over factors I’m just trying to get a ruff idea for peace of mind.

Thanks

Hi - I just wanted to ask how long it took for AML to get you this information (about your outstanding loans)?

Thanks