Originally posted by malvolio
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OP, did you receive any form of loan agreement? If you haven't signed a loan agreement then technically the money is not a loan surely? In which case you could (I believe, maybe Webberg could clarify) just declare these 'payments' on a self-assessment now for the time using it last financial year and pay the tax due on them?
If you did receive and sign a loan agreement then I think the title of this thread is slightly unfair
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