Part of the debate – in the House of Commons at 11:07 am on 25 October 2018.
Yesterday, the loan charge action group lobbied Parliament. It represent 100,000 families, including those of nurses, doctors, teachers, social workers and contractors. Retrospective taxation by this Government going back 20 years means that many of these families will lose their home and be forced into bankruptcy and, I am afraid, some will commit suicide. That cannot have been the intention of the Government. May we have a statement from the Financial Secretary next week so that we can ask him questions about something that I am sure the Government did not intend to happen?