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United Kingdom · Question · Written question

UIN 45077

Disguised Remuneration Loan Charge Review

answeredUnited Kingdom· UK Parliament· EN

Introduced

11 May 2020

Last action

19 May 2020 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

19 May 2020

Summary

To ask the Chancellor of the Exchequer, with reference to page 4 of the Independent Loan Charge Review: report on the policy and its implementation which states that the law on loan arrangements became clear in 2010, for what reasons the Finance Act 2017

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Timeline

  1. 11 May 2020

    Written question

    To ask the Chancellor of the Exchequer, with reference to page 4 of the Independent Loan Charge Review: report on the policy and its implementation which states that the law on loan arrangements became clear in 2010, for what reasons the Finance Act 2017

    Source: Commons

  2. 19 May 2020

    Answer

    Disguised remuneration (DR) schemes have been used since the 1990s. The Government announced targeted anti-avoidance legislation to tackle DR schemes in a written ministerial statement in 2010, and introduced it in 2011. This aimed to put beyond doubt tha...

    Source: Written answer

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