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<p>The charge on disguised remuneration (DR) loans is estimated to raise £3.2 billion
for the Exchequer by 2021. Further information can be found in the ‘Disguised remuneration:
further update’ policy paper, published on 22 November 2017: <a href="http://www.gov.uk/government/publications/disguised-remuneration-further-update/disguised-remuneration-further-update"
target="_blank">www.gov.uk/government/publications/disguised-remuneration-further-update/disguised-remuneration-further-update</a>.</p><p>
</p><p>The charge on DR loans is estimated to affect up to 50,000 individuals. Outstanding
DR loans will be treated as UK income and charged to tax on 5 April 2019. An individual
will usually have to pay tax on UK income even if they are not resident in or a citizen
of the UK, and the charge on DR loans is no different. As a result, no assessment
has been made of how many of the 50,000 estimated to be affected are non-UK resident
or non-UK citizens.</p><p> </p>
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