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Loan charge campaigners urge MPs to back amendments to Finance Bill

Greg Wright – Yorkshire Post:

CAMPAIGNERS opposed to the loan charge are urging MPs to support amendments to the Finance Bill because they believe they will help to lift the threat of life-changing tax bills from thousands of people.

Last year, a review led by Sir Amyas Morse made a series of recommendations about the design of the loan charge and its impact on those in its scope…

…However, campaigners believe further changes are required. Evidence uncovered by the Loan Charge All-Party Parliamentary Group (APPG) found that, in the vast majority of cases, these arrangements were not entered as aggressive tax avoidance and were often a condition of employment, especially in the public sector.

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