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Loan Charge 2019: Sir Amyas Morse Review

Part of the debate – in the House of Commons at 3:28 pm on 19th March 2020.

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Photo of David Davis David Davis Conservative, Haltemprice and Howden 3:28 pm, 19th March 2020

No, I will not. I only have seconds.

There is only one answer in this debate. I am afraid that Amyas Morse is wrong. The answer is laid out in our motion. HMRC should cease action on all cases before July 2017, and then justice will be done.

Question put and agreed to.

Resolved,

That this House
believes that the Loan Charge is an unjust and retrospective tax;
notes that the law on the Loan Charge was not settled until 2017;
and calls on HMRC to cease action on loans paid before 2017.