Brief

On 23 January 2025, an independent review of the Loan Charge commenced, led by a reviewer and their team, independent of government and HMRC. The review will assess the effectiveness of the loan charge in tackling disguised remuneration schemes and identify areas for improvement. This comes after the government published terms of reference for the review at Autumn Budget 2024.

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Her Majesty’s Revenue and Customs (HMRC)

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