On the #2019loancharge, we concluded that the loan charge is retrospective in its effect. Parliament has laid down time limits for tax matters which give certainty to taxpayers about their affairs. It undermines this framework to artificially trigger a future charge. [5/9] pic.twitter.com/AnX0NzsMw1— Lords Economic Affairs Committee (@LordsEconCom) December 4, 2018
Powers given to HMRC to tackle tax avoidance and evasion are undermining the rule of law and justice.
This is devastating the lives of middle and lower income individuals, from the private and public sector (including the National Health Service) who used disguised remuneration schemes, in many cases being required to do so by their employers.
Tax does have to be taxing.
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