Employment 10 - Disguised remuneration income

If you have an outstanding balance on a disguised remuneration loan received before 6 April 2020 from a third party in respect of your employment which is liable to loan charge and elected to spread the liability, select 'Yes'.

Include the amount of loan chargeable to Income Tax in the 2020 to 2021 tax year in the 'Pay from this employment' box.

Ignore loan repayments made on or after 17 March 2016 that were not repaid in money.

Do not include an amount if you or your employer has reached full and final settlement with HMRC.

Include any amount of tax on that amount which your employer has paid to HMRC on your behalf in the 'UK tax taken off pay' box.

For more information on the disguised remuneration loan charge and the amounts to include in your 2020 to 2021 tax return, go to Disguised remuneration: guidance following the outcome of the independent loan charge review.