Loan Charge: HMRC Grilled By Lords Economic Committee

Yesterday, HMRC’s Chief Executive Jim Harra was grilled by the House of Lords Economic Affairs Committee during a public evidence session relating to the Loan Charge, a policy which retrospectively charges individuals tax and NICs going back 10 years.  The thousands of affected individuals are being pursued for lifechanging amounts of money, usually 6-figure sums, […]

FOI’s Reveal HMRC Withheld Information from a Parliamentary Select Committee

Freedom of Information (FOI) requests by the Loan Charge All Party Parliamentary Group reveal that astonishingly HMRC withheld vital information from Parliament, including when questioned by the House of Lords Economic Affairs Finance Bill Sub-Committee in November 2018.  The FOI requests concern HMRC’s engagement of contractors who were using disguised remuneration (DR) schemes, despite HMRC […]