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1. Mine came as a separate letter after interest was already paid.
2. Yes, see my last post. I appealled and HMRC told me the surcharges were applied in error. I've subsequently had this in writing from them too.
I also received a demand for 10% surcharge (back in April), and successfully appealled.
I've not had the appeal confirmation in writing yet, but the surcharges have been adjusted to £0 on my SA account and a follow up call with HMRC suggests it was applied in error.
Well the money has no longer been lent to you, but has been given to you. I would suspect that it would then be immediately treated as income, and therefore taxable. No?
If it were that easy then the providers/promoters would surely have lent the money and then, shortly afterwards, written it off.
Has anyone approached any of the trustees requesting a write-off of the loan?
I assume that any write-off would immediately be liable for income tax but, assuming the employee is happy with that and the income tax is paid, would that be the end of it? (i.e. no loan and no further tax liability)?