Employment Related Loans

When Employment related loans are waived this creates an income tax charge on the employee. To stop this charge being avoided I thought there was a provision saying that long term loans would trigger the tax liability, but the tax would be repayed (refunded) as and when the loan is repayed. I cannot find any legislation or HMRC guidance on this. Does anybody know where I can find it?

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Employment Loans

thehaggis |

General earnings s62 ITEPA

Scion |