Question to the HM Treasury:

To ask the Chancellor of the Exchequer, for what reason HMRC has treated the (a) Palmrock and (b) Horizon loan schemes differently in relation to the application of PAYE credits.

As a minister I cannot comment on any individual or identifiable businesses and their tax affairs. HM Revenue and Customs (HMRC) should always treat taxpayers sensitively and fairly in accordance with the HMRC Charter.

To ensure fairness, HMRC applies the law in accordance with its published Litigation and Settlement Strategy (LSS). This ensures every taxpayer, no matter who they are, pays the tax due under the law.