Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether she considered including the (a) role and (b) conduct of HMRC within the remit of the Independent Review of the Loan Charge.

The Government has commissioned an independent review of the Loan Charge to help bring the matter to a close for those affected whilst ensuring fairness for all taxpayers.

The Government does not think it is right for people affected by the Loan Charge to have to wait years for any progress on bringing this matter to a close for them and has therefore ensured that the review has a focused remit, allowing it to report by this summer. The Government will respond by Autumn Budget 2025.