United Kingdom · Question · Written question
UIN 54009
Tax Avoidance
Original
Introduced
3 June 2020
Last action
11 June 2020 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
11 June 2020
Summary
To ask the Chancellor of the Exchequer, what steps he has taken to (a) investigate and (b) take action against companies who utilised the loan charge method of tax avoidance.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
3 June 2020
Written question
To ask the Chancellor of the Exchequer, what steps he has taken to (a) investigate and (b) take action against companies who utilised the loan charge method of tax avoidance.
Source: Commons
11 June 2020
Answer
Disguised Remuneration (DR) is a type of contrived tax avoidance where loans are paid, usually via an offshore trust, in place of ordinary remuneration with the sole purpose of avoiding income tax and National Insurance contributions. The loans are provid...
Source: Written answer
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- · Treasury · Answering body
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://questions-statements.parliament.uk/written-questions/detail/2020-06-03/54009
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1199952
- uk · wq-1199952 · source updated 11 June 2020