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Chancellor pledges to provide extra operational funding to HMRC following loan charge review

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11th Mar 2020
by Andrew Earnshaw


Yorkshire Post – Greg Wright:

THE Government plans to flex its muscles to help HMRC get tough with the people behind tax avoidance schemes.|In the Budget, Chancellor Rishi Sunak also revealed that the Government will publish a “call for evidence” on raising standards for tax advice.

The Budget also confirmed that the Government’s response to Sir Amyas Morse’s independent loan charge review will be legislated in the Finance Bill.

…In a post on Twitter, the Loan Charge All Party Parliamentary Group, which has more than 200 members, said: “The forthcoming Finance Bill, which will enact the measures announced in Budget 2020 will include changes to the loan charge legislation as laid out in the Treasury response to the Morse Review.

(click 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.