Michael J Perry FCA

Qualified Tax Specialist providing Independent Advice on HMRC Investigations and Enquiries.

[Michael J Perry FCA @Michael63519577]

Check out my professional profile and connect with me on LinkedIn. http://t.co/1YY2d3o1Xg #in

[Michael J Perry FCA @Michael63519577]

It has been a long time since my last post, but if you are still being troubled by HMRC on the Loan Charge or pre December 2010 loans, then you must check out the new Loan Charge Review recently launched by HMRC.
Search: https://t.co/te1jBpQp7q new loan charge review

[Loan Charge Action Group [LCAG] @LCAG_2019]

Thank you @RuthCadbury of @loanchargeAPPG for calling on @Jesse_Norman @hmtreasury @RishiSunak to finally see sense on the retrospective taxation of the #LoanCharge https://t.co/MTLCo4h6ep

[Michael J Perry FCA @Michael63519577]

Here is HMRC's latest attempt to attack pre December 2010 loans not caught by the Loan Charge.

[Keith M Gordon @keithmgordon]

The Upper Tribunal (“UT”) has given its decision in Hoey.
It will be uploaded to https://t.co/JbtzV1R4dm probably in the next couple of days.
1/11

[Keith M Gordon @keithmgordon]

HMRC have tried to use s684(7A)(b) with retrospective effect but the UT said that the provision plainly has prospective effect only.
This part of the decision will be a major blow for HMRC.
6/11

[Michael J Perry FCA @Michael63519577]

Finance Bill on TheyWorkForYou https://t.co/2OKMY2SL49

[Loan Charge & Taxpayer Fairness APPG @loanchargeAPPG]

The membership of the #FinanceBill Public Bill Committee has been announced. This is for the Finance Bill Committee Stage. This will include scrutinising the Government’s amendments to the #LoanCharge following the Morse Review.

see https://t.co/9OvZBgLNHr

[Michael J Perry FCA @Michael63519577]

Parliamentary motion passed on 19 March 2020 to make the Loan Charge effective from 2017 ONLY but HMRC now sending out new settlement letters on the basis of 9 December 2010 while the EXISTING law still says from 6 April 1999!
https://t.co/yj4AGuChGx
#LoanCharge

[Michael J Perry FCA @Michael63519577]

HMRC have now issued guidance on intended amendments to the Loan Charge legislation:
https://t.co/Yx2oMp9iSl

[David Davis MP @DavidDavisMP]

Today I have written to @sajidjavid urging him to immediately publish the independent review into the Loan Charge and to suspend the payment deadline of 31 January. I will continue fighting this retrospective and unjust tax on behalf of my constituents.

[Munira Wilson 🇺🇦 @munirawilson]

Throughout my election campaign, I was contacted by many Twickenham residents affected by the #LoanCharge - an issue that has had a huge impact on people’s mental health. Today I wrote to the Chancellor urging him to publish Sir Amyas Morse’s report and extend the deadline

[Michael J Perry FCA @Michael63519577]

Loan charge review delayed by election accountancylive https://t.co/6u1R7Guem5 via @accountancylive

[LowHangingFruit #STOPtheLoanCharge #SaveLives @fruit_hanging]

@Michael63519577 https://t.co/35Z8L1KCfj

[Michael J Perry FCA @Michael63519577]

See the developments below .......

[Loan Charge & Taxpayer Fairness APPG @loanchargeAPPG]

In light of the delay to the #LoanChargeReview report meaning recommendations can’t be considered/implemented till mid/late Jan we’ve written an urgent letter to Sir Amyas Morse & @sajidjavid to immediately suspend the illegitimate 31 Jan #LoanCharge date
https://t.co/7pcutEx7PN

[Loan Charge Action Group [LCAG] @LCAG_2019]

Thanks to the LCAG members who met with Sir Amyas Morse today to tell their stories as part of the #LoanCharge review. Some truly moving experiences of how this retrospective tax is destroying lives.

#STOPtheLoanCharge #SaveLives

[Lee E Collins | Could do better @Lee_E_Collins]

Question for @HMRCgovuk, many umbrella comps offer 90% take home, why aren't you investigating them? Is it because they are doing nothing illegal and so you target the contractor for 'tax avoidance' ( which is also legal btw). How is this fair? #LoanCharge @sajidjavid

[CIOT @CIOTNews]

Now up on the CIOT website: The Loan Charge, latest in our occasional series of explainers on tax issues in the news https://t.co/x6vUPGfDof

[Loan Charge Action Group [LCAG] @LCAG_2019]

LCAG is delighted to confirm that we have been invited by Sir Amyas Morse to represent the thousands of individuals impacted by the #LoanCharge. We look forward to meeting him next week as part of his review.

[Michael J Perry FCA @Michael63519577]

HMRC extend Settlement deadline to 31 August 2019 where dialogue had commenced before the Loan Charge date . . . . still a huge back-log of casework to be dealt with but 500 extra staff apparently allocated to Counter Avoidance.

[Loan Charge Action Group [LCAG] @LCAG_2019]

Please join us for our #STOPtheLoanCharge Lobby Day at Westminster on the 27th February, 2019.

#TimeForAction

[Michael J Perry FCA @Michael63519577]

Loan Charge Action @LCAG_2019 27 February - let's give our support for what is a draconian law affecting so many.