Tax Professionals Urged To Take Action Against Loan Charge
Professionals from across the tax sector are being urged to sign the Loan Charge resolution proposal, which has been produced and published by a group of independent professionals, to finally resolve the ‘Loan Charge Scandal’ and end the nightmare for thousands of UK families. The group of tax lawyers, tax advisers and accountants, led by […]
HMRC’s CEO Apologises For “Serial Avoiders” Loan Charge Letters
As reported by our friends at the Yorkshire Post, HMRC’s Chief Executive Jim Harra has officially apologised for loan charge victims being dealt with by the “serial avoiders unit” of HMRC. The All Party Parliamentary Loan Charge and Taxpayer Fairness Group (APPG) said that it is unfair and wrong to label those facing the loan charge […]
036 Loan Charge Settlement Proposal
Today we’re honoured to talk to two of the lead creators of the Loan Charge settlement proposal, Sarah Gabbai, tax lawyer at McDermott Will & Emery; and Keith Gordon, tax barrister at Temple Tax Chambers. The Loan Charge is a piece of legislation that seeks to charge people tax on income that they received going […]
Labour Leader Steps In To Support Loan Charge Victims
Finally responding to repeated communications, Labour’s leader Sir Keir Starmer has now stepped in to support victims of the loan charge. In a letter to tax barrister Keith Gordon, Starmer agrees that HMRC has urgent questions to answer about the loan charge. The letter also confirms that Sir Keir has ordered his Shadow Treasury Ministers […]