Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether her Department plans to expand the scope of the Loan Change review to include (a) promoters, (b) umbrella companies, (c) recruitment agencies, (d) accountants and (e) tax advisers.

The Government has commissioned an independent review of the Loan Charge to help bring the matter to a close for those affected whilst ensuring fairness for all taxpayers.

The Government does not think it is right for people affected by the Loan Charge to have to wait years for any progress on bringing this matter to a close for them and has therefore ensured that the review has a focused remit, allowing it to report by this summer. The Government will respond by Autumn Budget 2025.

Alongside the review, the Government is consulting in 2025 on measures to tackle promoters of marketed tax avoidance and has already announced measures to tackle the significant tax avoidance and fraud in the umbrella company market.