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.
Joined June 2017
- Tweets 63,748
- Following 1,422
- Followers 2,646
- Likes 140,364
1,414 Photos and videos
HMRC Victim #STOPtheLoanCharge retweeted
Exactly Greg!
MPs have asked for the cost of resolving all the cases, but guess what, the Government is refusing to give that cost.
Why?
To keep going with the same approach, without admitting how much it will cost is reckless. But also dangerous (and denying transparency!)
2
14
13
395
HMRC Victim #STOPtheLoanCharge retweeted
Jun 13
'How can the Government justify continuing a campaign affecting tens of thousands of people when it cannot state what the final cost to the public purse is likely to be?' Precisely. If it helps, keen to chat with @libdemdaisy about this. #loancharge #loanchargescandal
LCAG has written to Daisy Cooper MP following failure of HMRC to answer her straightforward question - what is total cost of resolving remaining #LoanChargeScandal cases?
Thank you @libdemdaisy for question, please continue to press for truth.
hmrcloancharge.info/wp-conte…
3
34
58
1,323
HMRC Victim #STOPtheLoanCharge retweeted
LCAG has written to Daisy Cooper MP following failure of HMRC to answer her straightforward question - what is total cost of resolving remaining #LoanChargeScandal cases?
Thank you @libdemdaisy for question, please continue to press for truth.
hmrcloancharge.info/wp-conte…
2
30
51
2,159
HMRC Victim #STOPtheLoanCharge retweeted
Jun 10
What a dichotomy, paying for high skilled foreign visas while they push out indigenous high skilled workers with retrospective tax (2019 loan charge) in conjunction with up front tax payments and continually raising the "fair share" on a yearly basis...
2
2
44
HMRC Victim #STOPtheLoanCharge retweeted
Jun 12
@AndyBurnhamGM whats your opinion on the #LoanChargeScandal?
Jun 12
But will @AndyBurnhamGM sort out the @LoanChargeScandal debacle. Here is Trevor Price's article about @Ray_McCann55 #LoanCharge review and why its a failure.
The @UKLabour @GOVUK #McCannReview of the Loan Charge – and Why Critics Say It Falls Short
linkedin.com/pulse/labour-go…
3
14
31
422
HMRC Victim #STOPtheLoanCharge retweeted
5 Jun 2019
My comment piece: The will of Parliament must prevail over the #loancharge. 'If the tax was always due, why is the loan charge necessary? If HMRC was doing its job properly, why didn’t it collect the sums covered by the loan charge years ago? @OpinionYP
yorkshirepost.co.uk/educatio…
30
168
246
HMRC Victim #STOPtheLoanCharge retweeted
We’re very concerned about this - we have expressed concern about loan recall several times, but it hasn’t been addressed by Government, HMRC or the recent #McCannReview all of which means people face paying income tax on a loan that they are also being forced to pay back.
Jun 10
The loan schemes were sold as HMRC-compliant. Many contractors have since settled their tax with HMRC. Now they're being told to repay the loans as well.
Let that sink in.
These were loans that, by design, were never meant to be repaid. They were sold to contractors as a legitimate, HMRC-compliant way to be paid. The entire pitch was that the money was a "loan," not income, so it sat outside income tax.
Now contractors are being hit from both directions over the very same arrangement:
• First by HMRC, via the loan charge, taxed as if it were income.
• Now by a third party, demanding repayment as if it were a genuine loan.
How can the same money be income and a loan at once? It can't, but contractors are being pursued as if it is: taxed by HMRC as income, then chased by a firm that bought up the old loan book. HMRC calls it a "rare occurrence." One law firm contesting the claims already has 650 clients.
Full breakdown of what HMRC actually says, the key court case, and where to get help.
contractoruk.com/news/loan-c…
2
38
59
2,151
HMRC Victim #STOPtheLoanCharge retweeted
Jun 10
The loan schemes were sold as HMRC-compliant. Many contractors have since settled their tax with HMRC. Now they're being told to repay the loans as well.
Let that sink in.
These were loans that, by design, were never meant to be repaid. They were sold to contractors as a legitimate, HMRC-compliant way to be paid. The entire pitch was that the money was a "loan," not income, so it sat outside income tax.
Now contractors are being hit from both directions over the very same arrangement:
• First by HMRC, via the loan charge, taxed as if it were income.
• Now by a third party, demanding repayment as if it were a genuine loan.
How can the same money be income and a loan at once? It can't, but contractors are being pursued as if it is: taxed by HMRC as income, then chased by a firm that bought up the old loan book. HMRC calls it a "rare occurrence." One law firm contesting the claims already has 650 clients.
Full breakdown of what HMRC actually says, the key court case, and where to get help.
contractoruk.com/news/loan-c…
5
27
40
3,311
HMRC Victim #STOPtheLoanCharge retweeted
Jun 4
The Blame Game - Why have #LoanCharge scandal victims taken all the blame while #HMRC allow the Promoters Walk free?
linkedin.com/pulse/blame-gam…
2
22
35
475
HMRC Victim #STOPtheLoanCharge retweeted
Jun 5
The @UKLabour Government’s #McCannReview of the #LoanCharge – and Why Critics Say It Falls Short.
The fight for a fair resolution goes on.
#LoanChargeScandal continues
linkedin.com/pulse/labour-go…
26
44
719
HMRC Victim #STOPtheLoanCharge retweeted
Jun 6
What are the three things that #LoanChargeScandal victims what you to know about #HMRC :
1) 67,000 victims
2) Attempted Suicides / Self-harm
3) 11 Suicides
#STOPtheLoanCharge #SaveLives
17
38
398
HMRC Victim #STOPtheLoanCharge retweeted
Jun 4
This #article is worth reading as a reminder about the #LoanChargeScandal
@Keir_Starmer
@RachelReevesMP @Dan4Barnet
@jamesmurray_ldn
@UKLabour
@Conservatives
@LibDems
@reformparty_uk
@theSNP
@Plaid_Cymru
The Blame Game - Why have #LoanCharge Scandal victims taken all the blame while Promoters Walk free?
linkedin.com/pulse/blame-gam…
1
15
35
377
It was years after HMRC's hard-line retrospective #LoanCharge tax policy, amid mounting suicides, that they began 'partnering with' Samaritans, redirecting desperate callers who managed to get through on their phone line. Neither the gaslighting HMRC letters nor suicides abated.
1
19
36
485
HMRC Victim #STOPtheLoanCharge retweeted
Jun 4
'A clear injustice that has tragically led to suicides.' When I wrote this, 9 suicides were linked to the #loancharge. Tragically, the number of reported suicides now stands at 11.
18 Jul 2022
“The next Prime Minister and Chancellor must stop ignoring the Loan Charge Scandal, a clear injustice that has tragically led to suicides." #loancharge #LoanChargeScandal
yorkshirepost.co.uk/business…
2
38
68
1,618
HMRC Victim #STOPtheLoanCharge retweeted
Jun 3
"Tax Fraud Warning" — a traditionally vague HMRC leaves no room for doubt with Bills of Exchange.
Imagine a client paying you with an IOU. That's how some promoters are paying HMRC.
Two months into JSL, the first bypass has emerged. The mechanism? Bills of Exchange — an 1882 legal instrument being repackaged as a way to "settle" PAYE liabilities without HMRC ever seeing a penny.
Leading law firm Chartergates writes for ContractorUK on the ancient financial instrument that risks dragging agencies, end clients and contractors into serious tax exposure.
contractoruk.com/news/bills-…
2
1
241
HMRC Victim #STOPtheLoanCharge retweeted
Jun 2
We did warn you if they got away with retro tax once, they’d do it again.
Retrospective tax is an affront to natural justice and the rule of law.
#loanchargescandal
Jun 2
Welsh holiday-let owners are being hit with huge retrospective tax bills because of an often unworkable new rule that homes have to be let out for more than 182 days a year .
Nicky Williamson, from the Professional Association of Self-Caterers, said: “Every day we are dealing with people receiving backdated bills. The highest one I’ve dealt with was £60,000.”
24
36
504
HMRC Victim #STOPtheLoanCharge retweeted
Jun 3
@Dan4Barnet @Keir_Starmer @RachelReevesMP @UKLabour
@UKParliament
Do your job #STOPtheLoanCharge #SaveLives the #LoanChargeScandal #McCannReview is flawed.
The Labour Government’s McCann Review of the Loan Charge – and Why Critics Say It Falls Short
linkedin.com/pulse/labour-go…
22
34
265
HMRC Victim #STOPtheLoanCharge retweeted
May 31
'I cry daily and suffer panic attacks'. My analysis of impact of #loancharge written for @yorkshirepost. Exactly 4 years ago. As I said at the time: 'I still feel duty-bound to highlight the misery caused by this policy.'
3
35
72
2,100
HMRC Victim #STOPtheLoanCharge retweeted
May 31
"The enforcement spotlight has been trained on contractors rather than the promoters who designed and profited from the schemes. That choice speaks to a fundamental failure of accountability." Spot on. #loancharge
❌Just published: Ten years on, the loan charge fails
A decade after its announcement, the #loancharge looks like a costly miscalculation that hurt contra...
Read more:
contractor.news/articles/ten…
#LoanCharge #HMRCFailure #TaxScandal #Loanchargescandal
3
23
56
1,512
HMRC Victim #STOPtheLoanCharge retweeted
HMRC will not appeal £470k giant marshmallow case after Court of Appeal win for @InnovativeBites in April - HMRC said: ‘We’ve considered this decision, which is limited to the facts of the case, and will not be appealing’ accountancydaily.co/hmrc-wil… @accountancylive
1
3
243