Loan Charge 2019

Part of Treasury – in the House of Commons at on 11 February 2020.

Alert me about debates like this

Photo of Jesse Norman Jesse Norman The Financial Secretary to the Treasury

HMRC did pursue these cases quite vigorously. Sir Amyas found, on the basis of detailed consideration, that the law was clear then, and therefore HMRC rightly believed that people would accommodate it. Of course, it pursued people who had been avoiding tax through disguised renumeration schemes for many years before that, and it will continue to do so for those that have been carved out by the loan charge review.