Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what estimate he has made of the number of people who will be subject to the 2019 Loan Charge after the implementation of the recommendations by Sir Amyas Morse.

Of the estimated 50,000 individuals affected by the loan charge, the Government currently estimates that around 11,000 will be taken out of the loan charge altogether. In addition, individuals who have settled or are settling their tax liability with HMRC will be out of scope of the charge. There is not yet a firm estimate of the number who will choose to settle and so be out of scope of the loan charge.