Loan Charge

Part of Oral Answers to Questions — Treasury – in the House of Commons on 2nd July 2019.

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Photo of Jesse Norman Jesse Norman Financial Secretary to the Treasury and Paymaster General, The Financial Secretary to the Treasury

I think that my right hon. Friend misstates the case. A disclosure of tax avoidance number was associated with a large number of those cases. The people knew that they were in schemes that were potentially suspect. Every person is responsible for signing off their own tax return. I trust that my right hon. Friend will be reassured by the fact that recently six individuals were arrested on suspicion of promoting fraudulent loan charge arrangements. That speaks to a wider picture.