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paulo

@greatfloat

venting & learning - mainly about unconstitutional HMRC & Loan Charge

Joined March 2019
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Photo by paulo (@greatfloat)Photo by paulo (@greatfloat)Photo by paulo (@greatfloat)Photo by paulo (@greatfloat)Photo by paulo (@greatfloat)Photo by paulo (@greatfloat)Photo by paulo (@greatfloat)
I have asked for a meeting with the Prime Minister to discuss the #loancharge and how it is affecting many of my constituents. @loanchargeAPPG @LCAG_2019
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A very important point raised by Conservative MP @lrobertsonTewks - if tax was due, why didn’t @HMRCgovuk collect it at the time? LCAG has always been clear that the #loancharge is a retrospective tax.
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To reiterate this very important point. The arrests @MelJStride referred to today at #TreasuryQuestions are NOT to do with promoting arrangements subject to the #LoanCharge.
Loan Charge & Taxpayer Fairness APPG (@loanchargeAPPG) profile pictureLoan Charge & Taxpayer Fairness APPG@loanchargeAPPG21 May 2019
We support action to stop all tax fraud/tax evasion. Please note, before we get to @hmtreasury Qs, to avoid misunderstanding, the 6 arrests by @HMRCgovuk for alleged fraud are NOT for promoting loan arrangements subject to the #LoanCharge & presenting them as such would be false.
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I, along with over 110 colleagues from all parties, have written to @MelJStride urging him to suspend the Loan Charge. The weight of parliamentary opinion is clear - the Loan Charge is unjust and must be reversed.
Image from David Davis MP (@DavidDavisMP)
Image from David Davis MP (@DavidDavisMP)
Image from David Davis MP (@DavidDavisMP)
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David Davis rails against retrospective taxation in the #LoanChargeDebate
David Davis MP (@DavidDavisMP) profile pictureDavid Davis MP
@DavidDavisMP4 Apr 2019
The retrospective application of the 2019 Loan Charge is absolutely wrong. If the Government doesn't put it right then I, and the House of Commons, will act to limit HMRC's ability to take retrospective action against hard working taxpayers.
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I've never endorsed a loan scheme, and I've talked some people out of using them. But I feel the Loan Charge is a blunt and disproportionate measure. My submission to the Loan Charge APPG: jsagroup.co.uk/PDF/APPG-Lett…
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Warning over ‘snake-oil tax salesmen’ preying on contractors telegraph.co.uk/tax/income-t…
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