Loan Charge Debate

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Andy Slaughter

Main Page: Andy Slaughter (Labour - Hammersmith and Chiswick)

Brunei

Loan Charge

Andy Slaughter Excerpts

Adjournment
Thursday 4th April 2019

(5 years, 7 months ago)

Commons Chamber
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Ross Thomson Portrait Ross Thomson
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I will take an intervention from the other side of the Chamber first.

Andy Slaughter Portrait Andy Slaughter (Hammersmith) (Lab)
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The hon. Gentleman is making an excellent speech and is capturing the mood on both sides of the House. Over 200 people in my constituency are affected by the loan charge, and the situation is unfair because the affairs were fully declared on their tax returns. HMRC was aware of what was happening. There was no attempt to hide. To characterise this as tax avoidance retrospectively seems wholly unjust.

Ross Thomson Portrait Ross Thomson
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The hon. Gentleman is right about HMRC being aware, because people even had to fill out disclosure of tax avoidance schemes, or DOTAS, forms.

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