Loan Charge Debate

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Matthew Offord

Main Page: Matthew Offord (Conservative - Hendon)

Loan Charge

Matthew Offord Excerpts
Thursday 4th April 2019

(5 years, 8 months ago)

Commons Chamber
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Ross Thomson Portrait Ross Thomson
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I could not agree more. My hon. Friend sums the situation up well. This is not just about HMRC being tone deaf, because I have found through my interactions with constituents that it has also been tin eared. I must admit that I am deeply concerned by some of the tactics that have been employed and how some normal people have been made to feel. It is not right at all.

Matthew Offord Portrait Dr Matthew Offord (Hendon) (Con)
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Will my hon. Friend give way?

Ross Thomson Portrait Ross Thomson
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I will make a little more progress, but I am keen to take as many interventions as possible.

Nobody should be in any doubt that the loan charge has left people living in genuine fear of losing their homes, being unable to care for their families, and seeing their life’s work reduced to less than nothing. As we debate this matter, it should not be lost on us that many of those affected and their families will be watching this Chamber today, and they will listen closely to the Government’s response.

I want to put it on the record at this point that we live in a time when politics is heated and is becoming more personal than ever before, and we have seen some disturbing consequences for some colleagues in this House as a result. However, I must make it clear that I have found the Financial Secretary to the Treasury incredibly helpful, supportive, engaging, and willing to listen to my concerns.

This debate has come about following the efforts of Members from across the House and the many campaigners fighting this injustice. The all-party parliamentary loan charge group recently launched a report following a long inquiry, and I commend it to Members because it contains truly worrying, emotional and harrowing responses.

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Ross Thomson Portrait Ross Thomson
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I wholeheartedly agree. That is what today’s motion calls for, because it is the best way of giving our constituents certainty.

Matthew Offord Portrait Dr Offord
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In Hendon, 170 of my constituents have been affected by the charge, but many of them entered into the scheme in good faith. Just two weeks ago, a constituent came to see me at one of my surgeries, and she had been sent a bill by HMRC for £91,000, but it was revised down to £41,000 when she challenged it. There seems to be some discrepancy between the bills and the discretion that HMRC is showing in withdrawing its request for moneys.

Ross Thomson Portrait Ross Thomson
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My hon. Friend makes a good point that forms part of the evidence that we have gathered from the inquiry. It is deeply concerning that many of the demands sent to constituents have been miscalculated by HMRC, and that must be addressed.