Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Emily Darlington Excerpts
Tuesday 1st July 2025

(2 days, 19 hours ago)

Commons Chamber
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James Murray Portrait James Murray
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I thank the hon. Gentleman for his question; he has engaged with me about the loan charge previously. As he knows, there is an independent review of the loan charge at the moment, and I think it is important that I as a Minister do not comment on that. Let the independent reviewer complete his work and report back to us as a Government.

Emily Darlington Portrait Emily Darlington (Milton Keynes Central) (Lab)
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The loan charge scandal was absolutely awful and has devastated the lives of tens of thousands of people. It failed to be addressed under the last Government. Can the Minister please tell us what he is doing to make sure people are not still being sold this illegal product?

James Murray Portrait James Murray
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I thank my hon. Friend very much for her question. I can reassure her that, alongside the loan charge review, the Government have published a consultation on a comprehensive package of measures to close in on the promoters of marketed tax avoidance schemes. As we know, these contrived schemes both deprive public services of funding and leave their clients with unexpected tax bills.