Greg Smith

Library image of loan charge campaigners outside the Houses of Parliament. (Photo supplied by Loan Charge Action Group)

Loan charge: MPs welcome committee's call for answers
A powerful Parliamentary committee is calling on HMRC to reveal the ongoing costs of the loan charge, a controversial tax policy which has been linked with 11 s...

Library image of Loan Charge Action Group campaigners outside Parliament. (Photo supplied by Loan Charge Action Group)

'All affected by loan charge should be offered same terms'

Steve Packham from the Loan Charge Action Group said: “It has now been exposed that many accountants and recruitment agencies had a direct role in the Loan Charge Scandal, along with promoters and rogue umbrella companies. There are thousands of people who are facing the Loan Charge simply because they took the professional recommendation of a chartered accountant or a recruitment consultant, who they often did not know was taking a commission for the recommendation" (Photo by Joe Giddens/PA Wire )

'Accountants and agencies were complicit in scandal'

MPs have repeatedly raised concerns about the loan charge in Parliament. When the latest review was announced, Greg Smith MP, Co-Chair of the Loan Charge and Taxpayer Fairness APPG said: “What has been announced today is not only a farce, but it is not actually a review of the Loan Charge, which is what the Chancellor promised.(Photo by Jonathan Brady/PA Wire)

Campaigners make plea over loan charge

HMRC's Director of Counter Avoidance, Jonathan Smith, said: "Promoting tax avoidance is unacceptable. Accountants and tax advisors should give their clients sound advice, not steer them towards schemes that can result in large tax bills. " (Photo by Andrew Milligan/PA Wire)

'Rogue' advisers cause misery for clients: Greg Wright

In the letter to James Murray, Chief Secretary to the Treasury, the All-Party Parliamentary Loan Charge & Taxpayer Fairness Group, says the loan charge is "a deeply controversial policy that has spectacularly failed to deliver its stated objectives, as well as causing untold misery, mental and family breakdown and tragically leading to the suicides of ten people and the attempted suicide of others." (Photo by Aaron Chown/PA Wire)

Loan charge review is being treated as settlement tinkering exercise, say MPs

The latest twist in the loan charge scandal, which was revealed in the Commons’ chamber, caused at least one MP to say “wow” and triggered a collective sharp intake of breath across Government and opposition benches. (Photo by Nicholas Lester/PA Wire)

'Revelations highlight injustice of devastating tax policy'

Library image of the Houses of Parliament. Greg Smith MP said: "A recent FOI request has revealed that for a number of schemes HMRC settled with large corporations for just 15 per cent of what was owed, with the loan charge review ongoing will the Chancellor agree with me that individuals should be treated no differently to this precedent set with large corporations?" (Photo by Nicholas Lester/PA Wire)

Loan charge is having devastating impact, MPs are told

Archive image of loan charge protesters outside Parliament. (Photo supplied by loan charge campaigners)

'Dangerous' loan charge has caused suicides, MPs tell Government

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Greg Smith MP told the Commons: "The profound impact of the loan charge extends its reach far beyond mere statistics and financial repercussions. It is a devastating narrative that encompasses contractors, freelancers and agency workers from all walks of life." (Photo byDavid Mirzoeff/PA Wire)

'Committee must speak to victims of human tragedies behind loan charge'

Greg Smith MP, Co-Chair of the Loan Charge and Taxpayer Fairness APPG said: "In the APPG’s report on ‘How Contracting Should Work’ we exposed how some recruitment agencies have been receiving kickbacks for recommending umbrella companies linked to tax avoidance scheme promoters. It’s a scandal that HMRC are only pursuing those mis-sold these schemes and not those who profited from mis-selling them." (Photo by PA)

'The loan charge is ruining lives and failing to stop dodgy umbrella companies'

The tax adviser, who has asked to remain anonymous, told The Yorkshire Post, that several clients facing the loan charge have had suicidal thoughts, while one client suffered a stress-related heart attack and others have seen their marriages collapse due to the financial strain caused by the policy. (Photo by PA)

Vulnerable people facing loan charge are still being hounded, says MP

The letter from the All-Party Parliamentary Loan Charge & Taxpayer Fairness Group states: "In two cases that we are aware of, the loan charge was mentioned in suicide notes. We have also had testimonies from advisers of two of the victims, in each case their adviser was clear that the pressure from HMRC, as a result of the loan charge, was the reason the individual took the decision to end his life." (Photo by John Walton/PA Wire)

MPs seek more information about suicides linked to the loan charge

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One of the largest all party parliamentary groups is calling on the Independent Office for Police Conduct (IOPC) to launch an investigation into 10 suicides which have been linked to a controversial tax policy.

Ten loan charge suicides must be investigated, say MPs

Ian Anfield of Hudsons Contract
Picture Bruce Rollinson

'Disgraceful umbrella companies are withholding holiday pay from workers'

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The Loan Charge and Taxpayer Fairness All Party Parliamentary Group has launched a call for evidence to establish the position faced by people impacted by the loan charge.

Why Chancellor must display open mind over loan charge - Greg Wright

In his response to the All Party Parliemantary Group, Mr Harra states: "I apologise for any confusion and concern that this may have caused."

Taxpayers were sent letters referencing 'serial avoiders unit' by mistake

The letter, which has been signed by the APPG co-chairs Sammy Wilson MP, Greg Smith MP and Mohammad Yasin MP, says: “We have been contacted by people facing the loan charge, who understandably are deeply upset at being dealt with by something called the serial avoiders unit, when as HMRC are well aware, the vast majority of those facing the controversial loan charge took professional advice and many were also mis-sold schemes as tax law compliant and being without risk."

'Labelling people facing charge as 'serial avoiders’ is causing deep upset'
One of the largest cross-party Parliamentary groups has said people facing the loan charge are “deeply upset” at being dealt with by a subdivision called the “serial avoiders unit” of HMRC.
Greg Wright

The All Party Parliamentary Loan Charge and Taxpayer Fairness Group (APPG) said it had received evidence that HMRC was both sending letters and making phone calls to people facing the loan charge just before and over the Christmas holiday period.

Stop making 'cruel' loan charge phone calls over Christmas, say MPs

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Tory MPs may revolt if HS2 gets the go-ahead

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