Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to her Department's policy paper entitled Tax avoidance loan schemes and the loan charge, published on 26 November 2025, if she will publish a breakdown of the sources of the £3.2 billion figure.

This Government recognised that concerns continued to be raised about the loan charge and that some felt strongly that it had not been handled appropriately. The Government therefore commissioned an independent review of the loan charge to bring the matter to a close for those affected, ensure fairness for all taxpayers and ensure that appropriate support is in place for those subject to the loan charge.

The full breakdown of the £3.2bn figure referenced in the November 2025 policy paper, was published on 23 April 2020 and can be found on GOV.UK: Section 4 - Policy Costing - GOV.UK