Tax Avoidance: Romford

(asked on 11th July 2023) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if he will make an estimate of the number of people in Romford constituency that have been affected by the Loan Charge scheme.


Answered by
Victoria Atkins Portrait
Victoria Atkins
Secretary of State for Health and Social Care
This question was answered on 17th July 2023

Information on the number of individuals subject to the Loan Charge is not held at constituency, borough or regional level.

In April 2023, HMRC published an updated issue briefing on disguised remuneration and the loan charge. The issue briefing contains information at UK level and is available on GOV.UK here:

https://www.gov.uk/government/publications/hmrc-issue-briefing-disguised-remuneration-charge-on-loans/hmrc-issue-briefing-settling-disguised-remuneration-scheme-use-andor-paying-the-loan-charge#customers-subject-to-the-loan-charge.

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