Loan Charge

Part of the debate – in the House of Commons at 4:17 pm on 11th April 2019.

Alert me about debates like this

Photo of Adam Holloway Adam Holloway Conservative, Gravesham 4:17 pm, 11th April 2019

I pay tribute to Sir Edward Davey and the Loan Charge Action Group for all that they have done, and indeed to the Minister, who for a long time has been given a hard time on the subject.

I am speaking today on behalf of about 100 constituents whose lives have been blighted by this and who have lived with awful uncertainty for about three years. After last week’s debate, I met a number of them at the City Praise Centre in my constituency. I have to say that when I first met constituents about this, my heart did not exactly bleed for them; it is not fair for one particular group of people to pay income tax at a lower rate than the rest of the workforce, and lots of my constituents are in real need, living in substandard accommodation and waiting months for hospital appointments, so I cannot condone the systematic loss of revenue to the Treasury.