Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether he has made an estimate of the number of people that are required to make payments under the Loan Charge as of 19 December 2023.

HM Revenue and Customs (HMRC) estimates that there are around 40,000 individuals and around 5,000 employers who have either failed to return the Loan Charge or have returned a figure that is not correct.

HMRC continues to support taxpayers to resolve their use of disguised remuneration schemes and get out of avoidance for good, including helping those who need extra support and providing additional time to pay where needed.