Oral Answers to Questions

Debate between Seema Malhotra and Laurence Robertson

Tuesday 11th February 2020 Commons Chamber

[Seema Malhotra (Feltham and Heston) (Lab/Co-op)]

14. How many people will be affected by the 2019 loan charge after the Government have implemented the recommendations of Sir Amyas Morse’s review.

[Mr Laurence Robertson (Tewkesbury) (Con)]

20. How many people will be affected by the 2019 loan charge after the Government have implemented the recommendations of Sir Amyas Morse’s review.

[The Financial Secretary to the Treasury (Jesse Norman)]

Of the estimated 50,000 individuals affected by the loan charge, the Government currently estimate that more than 30,000 will benefit from the changes. That includes about 11,000 people who will be taken out of paying altogether. In addition, individuals who have settled or who are settling their tax liability with Her Majesty’s Revenue and Customs will be out of scope of the charge.