Yet More Loan Charge Devastation
Last week we heard the tragic news that there has been another suicide believed to be linked to the loan charge. Financial Secretary to the Treasury Lucy Frazer confirmed that HMRC has referred nine cases to the Independent Office for Police Conduct where a taxpayer has taken their own life and used a “disguised remuneration” […]
Loan Charge Evidence “Deeply Worrying”
In a letter to Lucy Frazer QC MP, the Loan Charge & Taxpayer Fairness APPG have outlined their early view of responses to their recent call for evidence on the loan charge: “We are in the process of compiling this evidence and will share this with you, but already we can tell you that the […]
Tax Professionals Propose Loan Charge Solution
The professionals, comprised of tax lawyers, tax advisers and accountants, led by Sarah Gabbai of McDermott, Will and Emery, have taken action due to the increasing concern about the impact on thousands of families if HMRC enforce the Loan Charge. They have come together to offer a new voice to the debates on the issue […]
Government Must Answer Urgent Loan Charge Questions
The Loan Charge and Taxpayer Fairness APPG has written to the new Financial Secretary to the Treasury, Lucy Frazer QC MP, with 10 key questions on the Loan Charge that need answering, as they tackle some of the key reasons why the Loan Charge is fundamentally flawed, as well as unfair. The letter, sent from […]