Loan charge group lobbies ministers for review

MPs on the Loan Charge Action Group have written to the two key Treasury ministers who have taken on responsibility for the loan charge, calling for a review

The group of MPs is calling for a new review into the loan charge scandal, ‘one that is genuinely independent of the Treasury and HMRC, and not directed and restricted in its remit as the previous Morse Review was’.

The letters stated: ‘It is time for the Treasury ministers to instil some much-needed integrity into the whole handling of this scandal and to not only resolve the ongoing mess but also ensure that such a draconian and dishonourable policy failure cannot happen again.’

Both the new financial secretary to the Treasury, Andrew Griffith and the economic secretary to the treasury, Richard Fuller, have expressed concern about the loan charge and HMRC’s approach to people facing it.

Your free features:

  • Breaking news and expert analysis
  • Customisable daily newsletters
  • Six free CPD learning modules each year
  • Personalised CPD tracker
  • Top 75 Firms league tables
  • Regulatory changes
  • Hardman’s Tax Data

Sign up to Business & Accountancy Daily

Related Articles
Subscribe