A Treasury spokesperson has just told me: “We have received Sir Amyas Morse’s report into the loan charge. We are considering his report as a matter of urgency, and will update on next steps in due course.” #loancharge
The editor has very kindly published this article early and lifted the paywall.
The article responds to a colleague's which was seeking to justify the loan charge.
1/4 @Jesse_Norman When will you see that @HMRCgovuk treatment of #LoanCharge victims is horrendous and they need to be stopped! It’s been over 9 months since my dad took his own life because of the impact of the #LoanCharge and we know nothing about his LC case, literally zero.
I learned today of another company. £3m turnover, employ 35+ staff & the Loan Charge will bankrupt them. Really bright economic sense, let alone the terrible human consequences & at least 5 attributable suicides to the LC. @sajidjavid@BorisJohnson@fsb_policy@The_IoD#SaveLives
"I produced a detailed set of instructions for my wife to follow if anything happened to me…My research on the internet extended to fast & painless methods of suicide. I bought a rope, which I put in the boot of my car. It is still there"
https://t.co/DZsUCiKqJl
App C
SB046
"I am nearly 68...retired & live off my state pension plus small amount of savings...I have been suffering bouts of...depression and anxiety...I am not ashamed to say am often tearful & for a man of my age that is not easy to admit"
Report: https://t.co/DZsUCiKqJl
App C
JB006
"...I fear & believe that bankruptcy will be the only option...this will affect my Security Clearance & the sectors I will be able to work in which may result in me having to take employment in industries that do not pay as much"
APPG Report: https://t.co/DZsUCiKqJl
App C
RJH047
If you are a victim of , or object to the Immortality , unfairness and plain thievery of Retrospective Tax then please sign this . https://t.co/OliGMdIdin
. @neill_bob calls on #HMRC to scrap the #LoanCharge - arguing it must be immediately suspended and a full and independent inquiry allowed to take place.
https://t.co/2JQcwSOi7a
"He said his brain turned to mush... I just don't think he could see any light at the end of the tunnel"
Daughter of man "consumed" by the #loancharge urges government to rethink the tax policy https://t.co/lf7lnVueBq
Company director:
"It got to the point that I've very seriously considered suicide...I've accepted this is something I will do. If I have to I know the method how I'll end my life & what I'll put in a letter to my loved ones."
APPG Report: https://t.co/DZsUCiKqJl
App C
CL020
Another great story by @MeadowsOnMoney in @Telegraph on #LoanCharge
'We served in the British Army – now HMRC's tax bill could ruin us'
#STOPtheLoanCharge
https://t.co/f4LQY83RP7
I’ve written to our new Prime Minister @BorisJohnson & Chancellor @sajidjavid asking them to halt the #LoanCharge. The unfair nature of the policy must be urgently reviewed as promised by the PM in the Leadership hustings! ✍️⛔️