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United Kingdom · Question · Written question

UIN 59053

Tax Avoidance

answeredUnited Kingdom· UK Parliament· EN

Introduced

10 October 2022

Last action

18 October 2022 · Answer

Status

Answered

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Discovery layer

Source updated

18 October 2022

Summary

To ask the Chancellor of the Exchequer, what recent assessment his Department has made of the potential impact of the Loan Charge on (a) staff, (b) administration, (c) legal advice and (d) consultancy costs for businesses since the implementation of that

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Timeline

  1. 10 October 2022

    Written question

    To ask the Chancellor of the Exchequer, what recent assessment his Department has made of the potential impact of the Loan Charge on (a) staff, (b) administration, (c) legal advice and (d) consultancy costs for businesses since the implementation of that

    Source: Commons

  2. 18 October 2022

    Answer

    The impact of the Loan Charge on businesses was considered as part of the 22 November 2017 Tax Information and Impact Note (TIIN). The TIIN assessed that the Loan Charge would only affect businesses engaging in avoidance schemes and would have no impact o...

    Source: Written answer

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