Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what representations he has received from members of the public on the review of the Loan Charge.

Disguised Remuneration (DR) schemes are contrived arrangements that pay loans in place of ordinary remuneration with the sole purpose of avoiding income tax and National Insurance contributions.

The Government has received representations from members of the public including responses to the consultation on the loan charge, correspondence with ministers and submissions sent to inform the report required under Section 95 of the Finance Act 2019. Drawing on these representations, on 26 March 2019 the Government published a report setting out the rationale for introducing the DR loan charge and the impact on scheme users.

Anyone who is worried about how the loan charge might affect them should get in touch with HM Revenue and Customs as soon as possible on 03000 534 226.