Tax Avoidance

Treasury written question – answered on 18th October 2019.

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Photo of Andrea Jenkyns Andrea Jenkyns Conservative, Morley and Outwood

To ask the Chancellor of the Exchequer, what steps he is taking to ensure the independence of the review of the 2019 Loan Charge.

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

The Chancellor commissioned Sir Amyas Morse, former CEO of the National Audit Office, to lead an independent Review to consider the impact of the Loan Charge, focusing on individuals who entered directly into disguised remuneration schemes.

Sir Amyas has a strong track record of holding the Government to account and is widely respected, as was emphasised by colleagues across the House in a debate of 6 March 2019.

Sir Amyas has full control over how the Review is run and the outcome. For more information, the Review’s terms of reference can be found here: https://www.gov.uk/government/publications/disguised-remuneration-independent-loan-charge-review

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