Oct. 31 2023
Source Page: Scottish Crime Recording Standard: Crime Recording and Counting RulesFound: The fee is paid and no loan is forthcoming.
Asked by: Drew Hendry (Scottish National Party - Inverness, Nairn, Badenoch and Strathspey)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether he plans to issue a Command Paper in relation to the Disguised remuneration: independent loan charge review.
Answered by Victoria Atkins - Secretary of State for Health and Social Care
The loan charge was independently reviewed by Lord Amyas Morse in 2019, who assessed the impact of the policy on affected taxpayers. The Government accepted all but one of the Review’s 20 recommendations.
To bring the Review’s publication to the attention of Parliament, a Written Statement was made on the day (20 December 2019: UIN HCWS14). The Statement is available here: https://questions-statements.parliament.uk/written-statements/detail/2019-12-20/hcws14.
There are no plans to issue a command paper.
Written Evidence Oct. 24 2023
Inquiry: Draft Finance Bill 2023-24Found: remuneration schemes.
Oct. 24 2023
Source Page: Labour Market Enforcement Strategy 2023 to 2024Found: Some of these will be disguising a portion of contractors income as a loan or similar non-taxable income
Oral Evidence Oct. 18 2023
Committee: Treasury Committee (Department: HM Treasury)Found: Moving on to another topic, which is the loan charge.
Asked by: Matthew Offord (Conservative - Hendon)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, how many people HM Revenue and Customs was seeking loan charge payments from in relation to the tax years before April 2010, as of 8 September 2023.
Answered by Victoria Atkins - Secretary of State for Health and Social Care
In the 2019 Independent Loan Charge Review, Lord Morse recommended that the Loan Charge should only apply to loans made on or after 9 December 2010. The Government accepted this recommendation.
However, Lord Morse was also clear that, for years before this date, where there is an open enquiry or assessment under appeal HM Revenue and Customs (HMRC) should still have the ability to pursue the tax due under the existing rules. HMRC has proceeded on this basis.
HMRC continues to work with and support taxpayers to resolve all outstanding enquiries and assessments relating to their use of disguised remuneration (DR) loans, in accordance with their published DR settlement terms and HMRC’s Litigation and Settlement Strategy.
Aug. 14 2023
Source Page: Immigration Rules archive: 7 August 2023 to 8 August 2023Found: 'Invested’ or ‘spent' excludes spending on: (1) the applicant’s own remuneration, (2) buying
Aug. 14 2023
Source Page: Immigration Rules archive: 25 July 2023 to 6 August 2023Found: 'Invested’ or ‘spent' excludes spending on: (1) the applicant’s own remuneration, (2) buying
Aug. 01 2023
Source Page: Immigration Rules archive: 19 July 2023 to 24 July 2023Found: 'Invested’ or ‘spent' excludes spending on: (1) the applicant’s own remuneration, (2) buying
Jul. 31 2023
Source Page: Immigration Rules archive: 29 June 2023 to 16 July 2023Found: 'Invested’ or ‘spent' excludes spending on: (1) the applicant’s own remuneration, (2) buying