Fighting for fairness and the rule of law
Joined June 2020
- Tweets654
- Following232
- Followers270
- Likes510
The Loan Charge review announced by @jamesmurray_ldn is a complete sham. It’s like launching a review of the Post Office scandal but only allowing it to focus on how postmasters could repay their so-called “debts” in instalments. @gregwrightYP @LCAG_2019 @loanchargeAPPG
4) How much of the LC was actually collected? not much, as a) only a few people settled with HMRC, typically the ones owing little money, and b) none of the others have paid, simply because they cannot afford HMRC's huge demands. See HMRC's own simulation:
5) the #LoanCharge is a badly designed policy, which has failed at every level. The demands are unaffordable and 10 people have killed themselves because of it. Eliminating the LC not only costs way less than the quoted £3.2bn, but is the only decent thing to do.
@DanNeidle there is a (big) mistake in your article taxpolicy.org.uk/2024/06/10/… about the #LoanCharge, which hasn't (and won't) collect £3.2bn as you reported. Here's why: 🧵
2) This is the Director of counter-avoidance writing that she kept using the £3.2bn figure because she had "learned it".
1) the LC was always "part of a package raising £3.2bn". HMRC were always careful not to disclose the actual contribution of the LC.
Time for @UKLabour to be on people’s side. Your inaction on the #LoanCharge pushes workers towards financial ruin, while protecting scheme owners and Tory donors. @ApsanaBegumMP @Keir_Starmer @AnnelieseDodds
This will probably be the next mass scandal to come into public consciousness.
The #LoanChargeScandal
70,000+ people affected
Mutliple suicides
No punishment for companies involved who waltzed away with the money, inc at least one Tory donor
Keep holding them to account.
Excellent journalists already involved 👏🏼👏🏼👏🏼inc
⏬️@gregwrightYP
Ministry of Fairness retweeted
This morning, the @CommonsPAC, heard from Jim Harra, the head of HMRC.
In response to a question on HMRC's behaviour when pursuing tax cases before the courts, and specifically with IR35 cases, he said "we do always try to resolve disputes by agreement".
parliamentlive.tv/Event/Inde…
More proof HMT&HMRC had early access to “independent 🤡” #LoanCharge report, weeks before “official” publication
1) shows they had the draft on 18 Nov 2020.
2) confirms privileged access to Sir Morse & review team who were expected to update them on changes to recommendations
Ministry of Fairness retweeted
HMRC's MAXIMUM tax, not 'right' tax objective perfectly illustrated. Acting like loan sharks as attempt to squeeze more from #LoanCharge familes.
Here is 'voluntary' settlement contract demanding IHT.
Coincidences.
1. Amyas Morse was chosen to run the #LoanCharge independent review
2. Amyas Morse appeared to have a track record of talking about the findings of his reviews before their conclusion
3. HMRC+HMT got access to LC report recommendations 1 month before its publication
Amyas Morse appears to have a track record of reassuring the entities being investigated of the direction and likely findings of a review. Such a reassuring man was surely the ideal person to conduct the “independent” #loancharge review 🤯#allaboveboard @DrOsitaMba @lucyfrazermp
The email which revealed that HMT & HMRC had privileged access to recommendations of "independent" #LoanCharge review was initially blocked under s36 of the FOIA.
@ICOnews should really look into whether HMT use these exceptions just to block the release of damaging information.
Ministry of Fairness retweeted
1. A thread 🧵
As a #LoanCharge victim I am confused about the claims being made in respect of promoters of schemes caught by Loan Charge. @keithmgordon I believe you did a thread on this so help me out if you can. OK here we go, please read to the end & retweet for max exposure.
More evidence HMRC and HMT had very early access to Amyas Morse's recommendations from his #LoanCharge review.
This email dates 28 November 2019, almost two weeks before the official meeting during which HMRC and HMT had early sight of the report (9 December 2019)
During the "independent" #LoanCharge review, and well before its publication, HMT were very casually asking around what the reviewer's latest position was on specific subjects.
Does this suggest the reviewer was habitually open about his conclusions?
21st November 2019:
HMRC categorically deny rumours they have seen a preview of the #LoanCharge report.
Also 21st November 2019:
HMRC's top brass meet to discuss the recommendations from the report.
New FOI evidence: HMT & HMRC received a provisional list of recommendations from the Loan Charge Review MORE THAN A MONTH before the publication of the report! (and at least 3 weeks before the official "early sight") @LCAG_2019 @loanchargeAPPG
source: whatdotheyknow.com/request/l…
Ministry of Fairness retweeted
I've written to my MP about this. Here are my "hot takes": 1/
4/5 The pressure is building, and the publication of the final draft, which will confirm the extent of the specific amendments and comments made directly by HMRC & HMT staff, will expose this for what it is; a whitewash designed to cover up for HMRC
whatdotheyknow.com/request/e…
