Tax Avoidance

Treasury written question – answered on 1st December 2020.

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Photo of Chris Law Chris Law Shadow SNP Spokesperson (International Development)

To ask the Chancellor of the Exchequer, how many people subject to the Loan Charge who were in settlement discussions with HMRC relating to the Loan Charge have reached a settlement on that matter.

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

HMRC are currently preparing a report to Parliament on the implementation of the independent Loan Charge Review, which is due imminently. The report will include figures up to the 30 September 2020 deadline for taxpayers who settled their use of disguised remuneration tax avoidance schemes.

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