Tax Avoidance
The question
To ask the Chancellor of the Exchequer, with reference to the answer of 27 April 2026 to Question 128634, how many individuals identified by HM Revenue and Customs as eligible for the settlement opportunity announced following the McCann review have (a) settled in full and (b) entered into a Time to Pay arrangement in respect of disputed tax demands arising from the Loan Charge as of the most recent date for which data is available.
Answered by Dan Tomlinson
The new Loan Charge Settlement Opportunity (LCSO) is currently being legislated for and represents a fair and proportionate attempt to provide a route to resolution for those who have not yet been able to settle with HMRC. In turn, this requires taxpayers to now come forward and engage with HMRC in good faith.
When the new settlement opportunity is enacted, HMRC will contact customers again, in stages, to explain what it means for them based on their specific circumstances.
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