Loan Charge Action Group

[Lurker99]

What can you do if affected?

If you have an outstanding loan that was made after December 9th 2010, it should have been taxed as income when it was made, under the DR rules. Check that the tax has in fact been paid, and if not, we say arrange to pay as soon as possible. The earlier you pay, the less interest you’ll be charged.

Outstanding loans from before December 9th 2010 will become taxable on April 5th 2019, so you’ll have until then to resolve the issue, such as by repaying the loan or settling with HMRC.

Who's 'we' that's providing this advice... posted to several threads I see.

[uppoocreek]

Link to info

Its actually a artical on this very website

https://www.contractoruk.com/ebt/new...uneration.html

[Lurker99]

Its actually a artical on this very website

https://www.contractoruk.com/ebt/new...uneration.html

Ah, ok apologies.

[cojak]

That article was posted in 2017, things have moved on since then.