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United Kingdom · Question · Written question

UIN 137775

Tax Avoidance: Bankruptcy

answeredUnited Kingdom· UK Parliament· EN

Introduced

1 February 2023

Last action

6 February 2023 · Answer

Status

Answered

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Discovery layer

Source updated

6 February 2023

Summary

To ask the Chancellor of the Exchequer, whether his Department has made an estimate of the number of individuals who may be declared bankrupt in connection with the Loan Charge, including the use of section 684 notices.

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Timeline

  1. 1 February 2023

    Written question

    To ask the Chancellor of the Exchequer, whether his Department has made an estimate of the number of individuals who may be declared bankrupt in connection with the Loan Charge, including the use of section 684 notices.

    Source: Commons

  2. 6 February 2023

    Answer

    No assessment has been made of the number of people who may be declared bankrupt as a result of debts arising from the use of a disguised remuneration avoidance scheme. Where debts arise, HMRC are not always the only creditor. Some individuals are declare...

    Source: Written answer

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