HMRC. Insolvency Guidance – Disguised remuneration and the loan charge – IP information regarding insolvent employers (27 July 2021)

HMRC have not yet sought to prove for the loan charge in corporate insolvency proceedings. However, HMRC are carrying out compliance checks to find out whether employers reported and paid the right amount of loan charge. Office holders in an insolvency procedure may be contacted as part of these checks. See guidance note for further details.