Find out about the loan charge settlement scheme.
HMRC has introduced a settlement scheme for individuals and employers with outstanding disguised remuneration loan charge liabilities. HMRC will contact eligible parties directly with an offer that includes a simplified calculation of tax and National Insurance due. If you receive an offer, you must sign and return the included acceptance form to finalise the agreement or contact your caseworker if you disagree with the figures or require a payment plan.
Source: https://www.gov.uk/guidance/find-out-about-the-loan-charge-settlement-scheme. Summarised automatically from the official source — general information, not advice.