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.
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