Independent Review of the Loan Charge

(asked on 3rd March 2026) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether her Department will offer the same settlement terms from the implementation of the McCann Review to people that have settled with HMRC.


Answered by
Dan Tomlinson Portrait
Dan Tomlinson
Exchequer Secretary (HM Treasury)
This question was answered on 10th March 2026

The Government commissioned an independent review of the loan charge to help bring the matter to a close for people who have not settled and paid their loan charge liabilities. The review identified affordability as a key barrier preventing those individuals from settling and made recommendations to remove this barrier.

In recognition of the unique circumstances, the Government is taking the extraordinary step of relieving people of some of these liabilities.

The Government has no plans to apply the review’s recommendations beyond those individuals and employers with outstanding liabilities that were the focus of the review.

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