Disguised remuneration settlement terms 2020
Check the disguised remuneration settlement terms 2020 if you're a tax agent or adviser and need to help clients settle liabilities.
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The government hasannounced a new independent review of the Loan Charge at Autumn Budget 2024.
The terms of reference for the review have now been published itsby responsethe government.
The toreview commenced on 23 January 2025 and will be led by the independentreviewer loanand chargehis reviewteam, inindependent Budgetof 2025. government and HMRC.
HMRC ishas reviewingalso whatpublished thisan meansupdate for customers andon youoperational canactivity findduring the latest update herereview., now the terms of reference have been published.
Use this guide if you need to help clients understand and settle their liabilities with HMRC if they’re in a disguised remuneration scheme.
Updates to this page
Last updated 26
-
Page updated after publication of government response to the independent loan charge review in Budget 2025.
Update history
2025-11-26 17:15
Page updated after publication of government response to the independent loan charge review in Budget 2025.
2025-03-14 12:39
Outdated references to 2 compliance operational guidance pages have been removed.
2025-01-27 16:47
Page updated to reflect the recent publication by the government of the terms of reference for the new independent review of the Loan Charge.
2024-10-30 14:34
Page updated to reflect government’s announcement that there will be a further independent review of the loan charge.
2024-09-02 15:24
Removed phone number and updated the wording signposting the email address for disguised remuneration scheme users to contact us.
2023-04-11 09:00
The reference year used to determine automatic eligibility to pay by instalments has been updated. The information on Section 222 charges has also been updated.
2023-01-06 15:36
Welsh translation updated.
2022-12-07 11:04
Information about ‘Section 222 of the Income Tax (Earnings and Pensions) Act 2003 – interaction with the loan charge’ has been added to section 14 of the guidance, to explain when a Section 222 charge can occur and when HMRC will collect the charge.
2022-10-05 14:04
Email address for disguised remuneration scheme users to contact us has been updated.