Payroll Deduction Scheme

Treasury written question – answered at on 17 March 2020.

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Photo of Saqib Bhatti Saqib Bhatti Conservative, Meriden

To ask the Chancellor of the Exchequer, what steps he is taking to ensure that payroll loan schemes are not promoted following the recommendations of Sir Amyas Morse's review.

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

In December 2019 the Government announced in its response to Sir Amyas Morse’s Independent Loan Charge Review further measures to tackle promoters of avoidance schemes, including those designed to disguise remuneration. Further detail on these measures was set out in the Budget and HMRC will be publishing a new strategy to combat those who profit from marketing and selling tax avoidance schemes. The Government will also shortly issue a call for evidence on further steps to reduce or end the use of disguised remuneration schemes.

HMRC actively monitor the tax avoidance market and take action against active promoters, particularly those involved in devising and marketing new tax avoidance schemes. HMRC undertake a variety of activities such as challenging promoters for failures under the Disclosure of Tax Avoidance Schemes (DOTAS) regime and pursuing criminal investigations and arrests where appropriate.

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