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1420284
registered interest false more like this
date remove filter
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Tax Avoidance more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, if he will announce a further review of the Loan Charge policy. more like this
tabling member constituency Falkirk remove filter
tabling member printed
John McNally more like this
uin 119658 remove filter
answer
answer
is ministerial correction false more like this
date of answer less than 2022-02-14more like thismore than 2022-02-14
answer text <p>An independent review of the Loan Charge has already taken place. The 2019 Review, conducted by Lord Morse, concluded that it was right for the Loan Charge to remain in force and for the Government to collect the tax due. The Government accepted all but one of the 20 recommendations in the Review.</p><p> </p><p>The charge on Disguised Remuneration loans is targeted at contrived tax avoidance schemes which seek to avoid Income Tax and National Insurance contributions by paying users their income in the form of loans, usually via an offshore trust. This kind of tax avoidance deprives the Exchequer of funds to deliver vital public services.</p> more like this
answering member constituency South East Cambridgeshire more like this
answering member printed Lucy Frazer more like this
question first answered
less than 2022-02-14T15:33:11.243Zmore like thismore than 2022-02-14T15:33:11.243Z
answering member
4517
label Biography information for Lucy Frazer more like this
tabling member
4424
label Biography information for John McNally more like this