Treasury written question – answered at on 16 October 2024.
Stuart Andrew
Assistant Whip, Opposition Chief Whip (Commons)
To ask the Chancellor of the exchequer, how many (a) promoters and (b) operators of schemes now subject to the Loan Charge have been prosecuted.
James Murray
The Exchequer Secretary
Promotion or operation of mass marketed tax avoidance schemes is not, in or of itself, a criminal offence,unless the promoter is acting in breach of an HMRC Stop Notice.
One individual involved in selling Disguised Remuneration schemes subject to the Loan Charge has been convicted for a related offence. A number of individuals are currently under criminal investigation by HMRC for offences linked to schemes subject to the Loan Charge.
Yes3 people think so
No4 people think not
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The chancellor of the exchequer is the government's chief financial minister and as such is responsible for raising government revenue through taxation or borrowing and for controlling overall government spending.
The chancellor's plans for the economy are delivered to the House of Commons every year in the Budget speech.
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