If the member contributed start up capital exceeding the salary amounts, i would suggest just repay the loan and no tax is imposed.
going back and paying the paye will attract penalties and interest.
It is always better for the member to earn a salary – if they need proof of income for some or other reason, so I would suggest make a repayment of loan for the old amounts and for the end of this month, start paying a salary and paying over paye.
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