PARLIAMENTARY WRITTEN QUESTION
Tax Avoidance (5 October 2020)

Question Asked

To ask the Chancellor of the Exchequer, how many individuals settled disguised remuneration tax liability by the 30 September 2020 deadline; and how many individuals were in the settlement process for disguised remuneration tax liability at the time the publication of Sir Amyas Morse's Loan Charge review.

Asked by:
James Wild (Conservative)

Answer

HMRC are currently compiling, analysing and assuring the relevant settlement data up to 30 September 2020.

At the time of the independent review of the Loan Charge, about 12,000 employers and individuals still had the opportunity to keep clear of the Loan Charge by concluding settlement, having provided all the relevant information to HMRC by 5 April 2019.


Answered by:
Jesse Norman (Conservative)
8 October 2020

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