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The Employment and Trading Income etc. (Loan Charge Settlement Scheme) Regulations 2026

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Change 1

What to do with it
As published

13 Payment of settlement amounts etc.: general

(1) Settlement amounts are treated as if they are an amount of tax recoverable as a debt due to the Crown. (2) Nothing in paragraph (1) affects the ability of the Commissioners to recover additional qualifying amounts included in a settlement agreement. (3) Settlement amounts and additional qualifying amounts are amounts that P is liable to pay to HMRC under these Regulations.

Your change, as a redline

13 Payment of settlement amounts etc.: general

(1) Settlement amounts are treated as if they are an amount of tax recoverable as a debt due to the Crown. (2) Nothing in paragraph (1) affects the ability of the Commissioners to recover additional qualifying amounts included in a settlement agreement. (3) Settlement amounts and additional qualifying amounts are amounts that P is liable to pay to HMRC under these Regulations.

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Who it helps, what it costs, what it fixes. It is what persuades people to support it.

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