Loan Charge Self Assessment Query - Contractor UK Bulletin Board

Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:

You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.

dammit chloe replied

2 May 2020, 16:50
Originally posted by Sean2020 View Post

Hi everyone

Can't find an answer to this, so thought I'd post this here.

Having submitting the outstanding loan amount through Self-Assessment, does anybody know - or has this happened to anybody - where HMRC have contacted either your umbrella company (although highly likely, I know) or their UK Front Company (if applicable) to verify the outstanding loan amount?

It seems unlikely, but just wondered..

I believe all the trusts that held the loans had a duty to report them to HMRC last year. I suspect most did ( mine did ), a few maybe didn't.
Leave a comment:
Sean2020 started a topic Loan Charge Self Assessment Query

2 May 2020, 14:52
Loan Charge Self Assessment Query

Hi everyone

Can't find an answer to this, so thought I'd post this here.

Having submitting the outstanding loan amount through Self-Assessment, does anybody know - or has this happened to anybody - where HMRC have contacted either your umbrella company (although highly likely, I know) or their UK Front Company (if applicable) to verify the outstanding loan amount?

It seems unlikely, but just wondered..
Tags: None

Working...

X