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A cross-party group of MPs are broadening their investigation into the impact the government’s controversial anti-disguised remuneration loan charge policy is having on the IT contractor community. Having invited contractors in-scope of the policy to share their experiences of living under the shadow of the loan charge in March 2022 , the Loan Charge and Taxpayer Fairness All-Party Parliamentary Group (APPG) has now launched a second call for evidence. This one is set to run until Friday 15 July 2022 and is seeking input from accountants, tax ...
their loans because they had been defrauded by a for-profit college were erroneously returned... servicing contractors this year, as congressional Republicans battled with the White House...
Switch to other contractors won’t affect borrowers much for now due to pandemic-related freeze on payments
The UK government has no plans to soften the settlement terms on offer to IT contractors caught by its controversial loan charge policy, despite calls for HM Revenue & Customs (HMRC) to consider revising down how much it expects individuals hardest hit by it to pay. The calls come in the wake of an abortive bid earlier this month by MPs to get a late-stage amendment made to the Finance Bill that would have ushered in changes that could have seen thousands of people fall out of the policy’s scope. ...
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