Hyndburn and Haslingden MP Sara Britcliffe, in a recent address in the House of Commons, highlighted significant concerns regarding the handling of the Loan Charge by HMRC. The MP's speech drew attention to the plight of constituents and others across the country, adversely affected by the retrospective tax measures implemented by HMRC through the Loan Charge.
The MP stressed that tax laws should be transparent and accessible, citing cases where individuals were unaware of the implications of their payment arrangements due to the lack of clarity in the law. Concerns were also raised about HMRC’s approach to dispute resolution and customer service, with examples of constituents facing sudden and significant financial demands.
The MP called for a shift in focus, urging HMRC to pursue those who profited from promoting and operating these schemes, rather than targeting individual taxpayers. Highlighting the importance of fairness and transparency, the MP emphasised the need to protect ordinary workers from abuses of power and to ensure public trust in the tax system.
The MP concluded by advocating for a fair resolution to this issue, upholding the rule of law and constraining excesses of power that impact the lives of individuals.
