HMRC Asks Tax Agents to Review Companies’ Loan Tax Relief Claims

The UK tax authority has begun contacting tax agents to check whether their corporate clients have correctly claimed tax relief on loans made to directors or shareholders.

His Majesty’s Revenue and Customs is writing to around 1,300 agents representing about 4,000 clients, who submitted their company tax returns before April 2025, an HMRC spokesperson said in an email.

“We have emailed agents and asked them to help their clients check their company tax return to see if they’ve claimed the right amount of relief,” the spokesperson said, adding that email sets out the criteria for the claim. Letters ...