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Loan Charge

Following the December 2019 review of the loan charge, a number of schemes were confirmed to be outside its remit. In particular, loans taken before 9 December 2010 and loans taken after that, but before April 2016 (as long as a sufficient disclosure was made and HMRC took no action) became outside the scope of the charge. This meant that anyone who had made payments under the 2017 Settlement Scheme may request a refund.

In order to do this, a repayment claim must be made by 30 September. Further information and contact details are available here.

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Added By: Sharon Worger on 02nd Sep 2021 - 17:23
Number of Views: 28
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