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Posted Fri, 09 Feb 2024 12:38:45 GMT by
I have received a loan from an overseas company owned by my Uncle (he is non-UK resident). If the loan is waived by the company, am I liable to personal tax on the value of the loan waived?
Posted Tue, 13 Feb 2024 15:57:01 GMT by HMRC Admin 5 Response
Hi

We cannot comment on scenarios or detailed questions of this nature, only provide general information / guidance in this forum.  
For an answer to a detailed question of this nature, you would need to contact our self assesment helpline on 0300 200 3310, or seek professional advice.

Thank you
 

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