
HMRC Victim #STOPtheLoanCharge
63.6K posts

HMRC Victim #STOPtheLoanCharge
@HMRCVictim
Speaking out against the #LoanCharge. 100,000 people are being denied their statutory rights because, in HMRC’s “opinion”, they don’t deserve a fair hearing.






HMRC has failed to do any assessment of the tax loss that will result from people quitting work as a result of the new MTD rules which require 5 tax returns a year. If just 1% of self-employed taxpayers with turnovers above £20k cease working there will be a direct tax loss of £75m & an indirect loss - from VAT, indirect taxes, & knock-on effects on the wider economy - of another £150m. And that estimate excludes anyone from the top 10% of self-employed taxpayers.




In #TreasuryQuestions APPG Co-Chair @gregsmith_uk raises the fact that the #Treasury has failed to reply to THREE APPG letters about the secret #HMRC sweetheart 10-15% deal with big banks in 2005. Treasury Ministers look uncomfortable & @Dan4Barnet promises a reply. ⏰



🚨 #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. loanchargeappg.co.uk/wp-content/upl…



![Loan Charge Action Group [LCAG]](https://pbs.twimg.com/profile_images/993517859354619905/lIfW2JQm.jpg)
![Loan Charge Action Group [LCAG] tweet media](https://pbs.twimg.com/media/HC1moq1WgAAbVy5.jpg)
![Loan Charge Action Group [LCAG] tweet media](https://pbs.twimg.com/media/HC1mosLWoAA7Pe-.jpg)





