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1190543
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 his Department will make an assessment of the potential merits of reviewing HMRC’s agreement with debtors that monies already paid cannot be reclaimed, in the event that the Loan Charge is suspended or revoked. more like this
tabling member constituency Orpington more like this
tabling member printed
Gareth Bacon more like this
uin 40787 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-05-05more like thismore than 2020-05-05
answer text <p>The Government accepted all but one of the 20 recommendations made by Sir Amyas Morse in December 2019 following his Independent Review of the Loan Charge policy.</p><p> </p><p>The Independent Review assessed the impact of the policy on affected taxpayers and found that it was right for the Government to try to ensure that the tax was collected and that the Loan Charge should remain in force.</p><p>There was no recommendation to suspend or revoke the policy and the Government agrees it should remain in force.</p><p> </p><p>The Government has included legislation required to implement the recommendations in the Finance Bill.</p><p> </p><p>Implementing these recommendations is estimated to benefit more than 30,000 people subject to the Loan Charge, including about 11,000 people who will be taken out of paying it altogether.</p> more like this
answering member constituency Hereford and South Herefordshire remove filter
answering member printed Jesse Norman more like this
question first answered
less than 2020-05-05T11:29:44.883Zmore like thismore than 2020-05-05T11:29:44.883Z
answering member
3991
label Biography information for Jesse Norman more like this
tabling member
4798
label Biography information for Gareth Bacon more like this