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HMRC are pushing hard to settle over 10 years including personal guarantees. My strategy suggests waiting a while longer. What would you do? @loanchargeAPPG @LCAG_2019
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My Loan Charge Story
95 posts
My Loan Charge Story
@ChargeStory
In 2011 legitimate tax planning helped my business create 30 new highly paid jobs and contribute £2.3m to the exchequer. Now HMRC want to bankrupt us. Crazy!
Sumali Temmuz 2019
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Yes but how will those poor souls at HMRC survive without their bonus?
Loan Charge & Taxpayer Fairness APPG@loanchargeAPPG
Letter to @RishiSunak: The requirement for a 2018/19 tax return to be submitted by 23/4 to get #selfemployed #COVID19 support contradicts Govt decision that people facing the #LoanCharge can submit by September. Due to this we need a #LoanChargeDelayNOW. loanchargeappg.co.uk/wp-content/upl…
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I am a true blue Conservative Brexiteer. But today I voted @LibDems on my postal vote. Until the @Conservatives start talking about the #LoanCharge and HMRC reform, you will find lots of self employed folks can’t vote for you. @BorisJohnson @sajidjavid @loanchargeAPPG @LCAG_2019
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The #loancharge and #IR35 are political miscalculations. The examples below and the #Rangers case are simply incompetence. No other organisation would be allowed to get away with it. Where is the scrutiny? Lives and livelihoods are being ruined. @loanchargeAPPG @theJeremyVine
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HMRC issued Follower notices and APNs as a direct result of the #Rangers case. HMRC have recently told me that APNs are nothing to do with the #loancharge. So can I have my money back now please. With interest and penalties. @keithmgordon @loanchargeAPPG @LCAG_2019
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Humbug! The government, HMT and HMRC are the enemy of small business, here in the UK. If you want a strong economy please treat us better. HMRC is a rogue and corrupt organisation, just look at what they did to Rangers. What chance do we have against them? Do you want our votes?
Boris Johnson@BorisJohnson
The Conservatives stand firmly behind the businesses and entrepreneurs who make our country great.
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The government, HMT and HMRC are the enemy of small business in the UK. If you want a strong economy you need to treat us better. HMRC are a rogue and useless organisation, just look at what they did to Rangers. What chance do we have with crazy max tax policies? @loanchargeAPPG
Stephen Hammond@S_Hammond
🤝 This morning the Chancellor @sajidjavid and I met with local businesses to hear about the issues they face and answer their questions. 🗳 Supporting small businesses is key to a strong economy and will remain one of my top priorities if I am re-elected.
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What will happen with #LoanChargeReview if parliament is dissolved 25 days ahead of a Dec election? Presumably amendments to the legislation (if any) will require MPs to vote? Doesn’t leave much time before January tax returns are due @loanchargeAPPG @LCAG_2019 @keithmgordon
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HMRC set up the Counter ‘Avoidance’ team and also the Declaration of Tax ‘Avoidance’ Scheme (DOTAS). No mentention of the word ‘Evasion’ in those. Avoidance is a legal right and always has been. HMRC/HMT are blurring the lines. @keithmgordon @LCAG_2019 @loanchargeAPPG
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Disgraceful that HMRC reward their people for causing misery to innocent individuals and bankrupting good businesses. This outrageous practice must be stopped, lives and livelihoods are at stake. MPs need to be asking these question too. @loanchargeAPPG @DavidDavisMP @MPIainDS
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Sir Amyas should also be asking whether bonus payments have been paid to HMRCs counter avoidance team as a result of settlements and APNs. I understand that it does pay bonuses. Surely this is wrong and incentivises aggressive behaviour. @keithmgordon @loanchargeAPPG @LCAG_2019
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Some folks might prefer to do a deal (like Goldman Sachs) if permitted, and at least HMT would get something. The #loancharge and HMRCs uncompromising bullyboy tactics of ‘Max Tax’ at all costs will inevitably mean HMT get far less. Bankruptcy is NOT the solution @loanchargeAPPG
Greg Mulholland@GregMulholland1
In case Jesse has actual (as opposed to convenient) amnesia, let me help @Jesse_Norman. Remember this?! theguardian.com/commentisfree/… How come Treasury Ministers are lobotomised on taking office & become spineless puppets of an out-of-control & untrustworthy HMRC?!
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Still no news on the election of a new Chair of the Treasury Select Committee. Rules state it must only be a Conservative MP but the interim Chair is Labour. Coincidence whilst the #LoanChargeReview is conducted?
Can't decide, good, bad or ugly? @loanchargeAPPG @DavidDavisMP
My Loan Charge Story@ChargeStory
So now I’m thinking why has a Labour MP been given the interim role as chair of the Treasury S Committee during the #loancharge review when strictly only a Conservative MP can be elected. A new broom or more political games? Read the attached @MPIainDS @loanchargeAPPG @LCAG_2019
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Jesse Norman is a scholar in philosophy. So how has he ended up at the treasury? Surely his ‘critical thinking’ philosophical training would lead him to conclude the #loancharge is retrospective. Unless he’s useless at philosophy too? @loanchargeAPPG @LCAG_2019 #JesseNormanMustGO
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@Jesse_Norman is a scholar in philosophy. So how has he ended up at the treasury? Surely his critical thinking philosophical training would lead him to conclude the #loancharge is retrospective. Unless he’s useless at philosophy too? @loanchargeAPPG @LCAG_2019 #JesseNormanMustGO
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@Jesse_Norman is a scholar in philosophy. So, how did he end up at the treasury? Surely his critical thinking philosophical training should lead him to conclude that the #LoanCharge is retrospective. How can it not be? He’s in denial #JesseNormanMustGo @loanchargeAPPG @LCAG_2019
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Very worrying for all Company Directors. So who decides if it’s ‘avoidance’ if HMRC blocks access to the courts? Avoidance WAS legal. Are the Institute of Directors going to comment on this, or ignore it like the #LoanChargeScandal @IoD_Press @The_IoD @loanchargeAPPG @LCAG_2019
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Well said Sir. Shame our other law enforcement agency ‘HMRC’ don’t have the same ethos or training. Another #LoanCharge victim dead this weekend. Name another country where the tax authority is above the law and hounds people to death over retrospective legislation. @LCAG_2019
Johnny Mercer@JohnnyMercerUK
Another day to be incredibly proud of UK cops. Name another country where someone here doesn’t end up dead. We talk about it, but here they show: genuinely world leading. twitter.com/fkhanage/statu…
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Submitted my statement to #LoanChargeReview yesterday. Copied in @loanchargeAPPG and @LCAG_2019. Requested secretariat confirm receipt of my email. They haven’t. Anyone else submitted evidence, did you get a response?
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With respect Roger. And maybe Gina will pay for a hatrick
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