Parliamentary Blog

EDM Supported: 10th April, 2019

That this House condemns the UK Government and HMRC's implementation of the 2019 LoanCharge; notes the 2019 Loan Charge was introduced by the Treasury to tackle disguised remuneration tax avoidance schemes through which loans were paid instead of regular forms of remuneration; is dismayed by reports that HMRC's handling of the measure is reportedly leaving individuals facing bankruptcy or homelessness as a result; regrets that tax professionals advised clients to use the mechanism; instructs the UK Government to pursue these organisations...

Read the Early Day Motion