Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if he will undertake an investigation of the steps that HMRC has taken in respect of the application of the 2019 Loan Charge to people on low incomes.

Disguised Remuneration (DR) schemes are contrived arrangements that use loan payments in place of ordinary remuneration, usually through an offshore trust, with the purpose of avoiding income tax and National Insurance contributions.

HM Revenue and Customs (HMRC) are building a dedicated team focused solely on working with those who may be struggling to pay the loan charge by the normal payment deadline. For those seeking to settle their DR liabilities, or to pay the loan charge, HMRC will work with any individuals, regardless of income, to reach a manageable and sustainable payment plan wherever possible. There are no maximum payment periods.