Tax Avoidance
The question
To ask the Chancellor of the Exchequer, whether her Department will extend the discount under Loan Charge settlement plan to schemes used before December 2010.
Answered by Dan Tomlinson
The Government commissioned an independent review of the loan charge to help bring the matter to a close for people who have not settled and paid their loan charge liabilities. The review identified affordability as a key barrier preventing those individuals from settling and made recommendations to remove this barrier.
The Government has no plans to apply the review’s recommendations beyond those individuals and employers with outstanding liabilities that were the focus of the review.
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