Implementation of changes to the loan charge
A HMRC policy paper explains changes to the loan charge following recommendations from the independent review published on 20 December 2019. These changes have effect retrospectively to 5 April 2019. Guidance titled "Find out how the changes to the loan charge affect you" has also been published.Link to Updated loan charge review guidance
Link to Policy paper
Link to Guidance
Category: Taxation » Employment; Tax avoidance. Keyword(s): Loan charge. Area(s) of law: Employment; Tax; Private Client.