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<p>The charge on disguised remuneration loans is targeted at artificial avoidance
schemes where earnings were paid in the form of loans, which are never intended to
be repaid, made by a third party, which is often based offshore (“disguised remuneration”
schemes).</p><p> </p><p>It is unfair to ordinary taxpayers to let anybody benefit
from contrived tax avoidance of this sort, and that is why this Government has taken
action to ensure that everybody pays the taxes they owe.</p><p> </p><p>The charge
on DR loans is specifically targeted at these avoidance schemes and is not expected
to have any significant impacts on the economy or public services.</p><p> </p><p>The
Government recognises that the charge on DR loans will have a significant impact on
some people who have used DR schemes. HMRC wants to help people put things right.
It is actively encouraging anybody who is worried about being able to pay what they
owe to get in touch with them as soon as possible. HMRC will consider all personal
circumstances to agree a manageable and sustainable payment plan wherever possible.</p><p>
</p><p>Further information on the impacts of the policy can be found in the ‘Disguised
remuneration: further update’ policy paper published on 22 November 2017: www.gov.uk/government/publications/disguised-remuneration-further-update/disguised-remuneration-further-update.</p><p>
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