As webberg says, paying the loan charge (LC) doesn't resolve the underlying dispute. (Settling, on the other hand, would put the matter to bed once and forall.)
However... (and this is where he will probably disagree)
If you pay the LC, I doubt HMRC will be beating down your door, anytime soon, to finalise the dispute. They will be focusing all their attention on those who haven't paid anything.
Even if they do eventually revisit your case, you can still settle and the LC you've paid will count towards this.
You can get advice but, at the end of the day, the choice is yours.
a) settle in full now (and be done with it)
OR
b) pay the LC and potentially have to pay a bit more at some later date
However... (and this is where he will probably disagree)
If you pay the LC, I doubt HMRC will be beating down your door, anytime soon, to finalise the dispute. They will be focusing all their attention on those who haven't paid anything.
Even if they do eventually revisit your case, you can still settle and the LC you've paid will count towards this.
You can get advice but, at the end of the day, the choice is yours.
a) settle in full now (and be done with it)
OR
b) pay the LC and potentially have to pay a bit more at some later date
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