Richard Coombs considers HMRC’s updated guidance on collecting any residual tax due as a result of the loan charge.
Residual tax and the loan charge
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Loan Charge
Loan Charge
Disguised Remuneration : independent loan charge review
The legislative changes brought about by the independent review into the controversial loan charge received Royal Assent on 22 July and are therefore now law.
Disguised remuneration schemes – settlement refunds
If you used a disguised remuneration scheme between the 6 April 1999 and 5 April 2016 and settled the tax due with HMRC between 16 March 2016 and 11 March 2020, you may be eligible for a refund or a waiver.
HMRC clarifies position on loan charge liabilities
HMRC clarifies its position on loan charge liabilities but 30 September deadline still fixed.
HMRC Loan Charge Review – repayment of settlement amounts
Richard Coombs, Tax partner at Bates Weston, looks at the HMRC Loan Charge Review and the arrangements for repayment of settlement amounts.
Loan Charge Review Published
On the 20 December 2019 the much anticipated Loan Charge Review was published. Richard Coombs, tax partner at Bates Weston summarises its main recommendations and gives his thoughts on what may happen next.
Treasury delays Loan Charge report
Government confirms the delay to the report on the review of the controversial Loan Charge until after the General Election.
Loan Charge review announced by Government
Richard Coombs, Tax Partner at Bates Weston comments on the Government’s announcement to review the loan charge and gives a reminder of the timescales
What now for the Loan Charge?
Richard Coombs, Tax Partner at Bates Weston, looks at the outcry against the retrospective nature of the loan charge, effective from the beginning of April 2019.You would be forgiven for thinking that now that April has passed then the loan charge is now a done deal...
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