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Loan charge is destroying lives of hard-working entrepreneurs and contractors, Chancellor is told

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1st Mar 2020
by Andrew Earnshaw


Yorkshire Post – Greg Wright:

THE loan charge must be scrapped because it is destroying the lives of thousands of hard-working entrepreneurs and contractors, according to a letter sent by an MP to the Chancellor.

Fleur Anderson, Labour MP for Putney, Southfields and Roehampton, has written to Rishi Sunak stating that an estimated 50,000 people have been affected by the retrospective loan charge.

…Ms Anderson, who is a member of the All Party Parliamentary Loan Charge group, said: “One constituent of mine enrolled with one such umbrella scheme based in Jersey in 2014 and carried out extensive due diligence to ascertain the credibility and legality of the scheme before enrolling.

(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.