Good evening,
I was one of the (possibly few) people who paid the Contractor Loan Settlement when contacted repeatedly by the HMRC in 2013 and 2014. I was led to believe that would be the end of the matter and that I would not be asked for any further tax payment against the 'loan payments' I received.
I have now just received a letter advising I owe what is now called a 'Loan Charge'.
Is anyone else in this position, ie. paid up and now being asked for more under a different label? Any advice? I don't live in the UK any longer. I don't work, and my Ltd Co has been wound up. I don't have funds to pay more!
I was one of the (possibly few) people who paid the Contractor Loan Settlement when contacted repeatedly by the HMRC in 2013 and 2014. I was led to believe that would be the end of the matter and that I would not be asked for any further tax payment against the 'loan payments' I received.
I have now just received a letter advising I owe what is now called a 'Loan Charge'.
Is anyone else in this position, ie. paid up and now being asked for more under a different label? Any advice? I don't live in the UK any longer. I don't work, and my Ltd Co has been wound up. I don't have funds to pay more!
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