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United Kingdom · Report · Written statement

UIN HCWS621

Review Implementation

publishedUnited Kingdom· UK Parliament· EN

Introduced

3 December 2020

Last action

3 December 2020 · Written statement

Status

Commons

Sponsors

—

Subjects

Discovery layer

Source updated

3 December 2020

Summary

The Loan Charge was announced at Budget 2016 to tackle disguised remuneration tax avoidance schemes, which paid income in the form of loans that were not taxed or subject to National Insurance contributions.In September 2019, the Government asked the form...

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Timeline

  1. 3 December 2020

    Written statement

    The Loan Charge was announced at Budget 2016 to tackle disguised remuneration tax avoidance schemes, which paid income in the form of loans that were not taxed or subject to National Insurance contributions.In September 2019, the Government asked the form...

    Source: Commons

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