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United Kingdom · Question · Written question

UIN 45079

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 Sir Amyas Morse's Loan Charge review published in December 2019, what discussions his Department had with HMRC on changing loan charge arrangements prior to the introduction of the 2017 Finance Bil

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Timeline

  1. 11 May 2020

    Written question

    To ask the Chancellor of the Exchequer, with reference to Sir Amyas Morse's Loan Charge review published in December 2019, what discussions his Department had with HMRC on changing loan charge arrangements prior to the introduction of the 2017 Finance Bil

    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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