Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to the Independent Loan Charge Review, published in December 2019, how many people will be required to pay the 2019 Loan Charge in the event that the Government implements the recommendations of that review.

Of the estimated 50,000 individuals affected by the loan charge, the Government currently estimates that around 11,000 will be taken out of the loan charge altogether. In addition, individuals who have settled or are settling their tax liability with HMRC will be out of scope of the charge. There is not yet a firm estimate of the number who will choose to settle and so be out of scope of the loan charge.