Grandma, whose future is now ruined, due to 12 years ago, Accountant advised to join a scheme to comply with IR35. Now facing the retrospective Loan charge
Mel Stride appears to have forgotten about his Governments tax rises. He was responsible for the Loan Charge and IR35 Reforms. Never forget what this man did. Never vote Tory whilst he could be Chancellor. He cannot be trusted.
@ContractorCalc 💯 This guy is an untrustworthy charlatan whose actions led directly to the deaths of multiple people. Misled MPs, misled Parliament and facilitated the ongoing coverup for @HMRCgovuk institutional incompetence that led directly to the #Loancharge. We'll never forget
@gregwrightYP@yorkshirepost@CommonsPAC@loanchargeAPPG The fact HMRC have achieved 800 settlements for 50K+ cases outstanding (!) and spent £186m clawing back £44m is indeniable proof they are squandering taxpayer money unchecked trying to draw blood from a stone. And as those 800 were the "low hanging fruit, good luck with the rest.
'Historians will recoil when they study the horrors of the #loancharge, a catastrophically flawed policy which has been linked with 11 suicides and, according to new evidence, inflicted considerable costs on the taxpayer.' @loanchargeAPPG
https://t.co/IdSxWorDBG
@ContractorNews_ 11 suicides now from the #LoanChargeScandal and review still leaves the victims doing all the heavy lifting. HMRC agree to waive their extortionate interest but take no other hit for decades of inaction and incompetence. Promoters walk away untouched.
The review failed everyone.
🚨 #LoanChargeScandal latest:
More on #HMRC’s 15% deals with large corporations. Ray McCann, who was working for HMRC at the time states that the deal was 2005 with big banks.
The Treasury is refusing to admit this. Ministers are engaged in a cover-up.
https://t.co/rRplryFC3C
@SkyNews@BethRigby@AngelaRayner How come it’s alright for you to “rely on professional advice” but MPs create & enforce retrospective #TaxTerrorist legislation in the form of the #LoanChargeScandal for the rest of us plebs, whilst simultaneously banging on about the #RuleOfLaw which is long gone?!
@gregwrightYP@loanchargeAPPG@gregsmith_uk I am sure those 10 people who sadly took their own lives over the #LoanChargeScandal would have been able to settle for 15%. They would still be with us today, but Sir Jon Thompson, Sir Jim Harra etc chose to pursue a punishment strategy that meant victims faced financial ruin.