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Loan charge under review: Cross-party group of MPs slams government inquiry into tax policy

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19th Mar 2020
by Andrew Earnshaw


ComputerWeekly.com – Caroline Donnelly

The government’s independent inquiry into the loan charge disguised remuneration policy has been criticised in a report by a cross-party group of MPs for being ‘fundamentally flawed’

A cross-party group of MPs claims to have uncovered evidence that the conclusions of an independent inquiry into the government’s controversial loan charge policy were based on a potentially skewed interpretation of the evidence supplied to it by various tax experts.

In its 64-page review of the Sir Amyas Morse independent inquiry into the policy, the Loan Charge All Party Parliamentary Group (APPG) formally disputes its finding that the “law became clear” on the use of loan schemes from December 2010.

This conclusion has been widely disputed since the report’s release by tax experts and IT contractors who participated in loan remuneration schemes around this time, who claim the law was anything but clear in 2010.

(click on text for full article)

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Disclaimer: This is not an official website or feed of the House of Commons or the House of Lords it has not been approved by either House or its Committees. All-Party Parliamentary Groups are informal Groups of members of both Houses with a common interest in particular issues. The views expressed in these web pages are those of the Group. The Loan Charge and Taxpayer Fairness APPG Secretariat is staffed and funded by the Loan Charge Action Group.