Loan Charge Action Group [LCAG]
@LCAG_2019
The LCAG has been formed to raise awareness of the 20 yr retrospective tax charge introduced by HM Government
Shocking double standards from HMRC and government as large companies settle for 15% whilst #LoanChargeScandal victims driven to despair & #LoanChargeSuicides. Time for #FairResolution, time for 15% settlement for all #LoanChargeScandal mis-selling victims.
Now it’s known that #HMRC settled for just 15% (85% discount) with large companies, victims of mis-selling MUST be offered at least as good terms. The current review into settlements must now conclude this to have any credibility. We’ve written to Ray McCann urging him to do so.
Keeping up pressure indeed, watch @gregsmith_uk question Chancellor on shocking #FOI revelation that companies settled for 15% in contrast to #LoanChargeScandal victims. Justice demands full #LoanChargeInquiry. Thank you for long term support Greg. youtu.be/AAwI1Kf0abE?si…

It's high time @jamesmurray_ldn @RachelReevesMP @HMRCgovuk abandoned their cruel and unjustifiable retrospective taxes against honest people #LoanChargeScandal and instead prosecuted promoters rather than this farce
We’ve added new names to our list of tax avoidance promoters. 📝 Take a look at who we’ve named and learn more about spotting the signs of tax avoidance. 👀 dontgetcaughtout.campaign.gov.uk/tax-avoidance/…
More evidence of why it’s wrong that the Govt hasn’t done the “truly independent review” promised & instead commissioned a former Asst Director of HMRC to merely review settlement terms. There needs to be a #LoanChargeInquiry inc. investigating #accountants. #LoanChargeScandal
🚨NEW @SkyNews #LoanChargeScandal exposé by @gurpreetnarwan: #CharteredAccountants recommended payroll loan schemes, advising clients to use them, not Ltd companies due to risk of #HMRC action & were paid by promoters to do so, yet face no action whilst their clients face ruin.
🚨NEW @SkyNews #LoanChargeScandal exposé by @gurpreetnarwan: #CharteredAccountants recommended payroll loan schemes, advising clients to use them, not Ltd companies due to risk of #HMRC action & were paid by promoters to do so, yet face no action whilst their clients face ruin.
Accountants were paid to place clients into loan charge schemes targeted by HMRC Read more 🔗 trib.al/OpORgTD
Accountants were paid to place clients into loan charge schemes targeted by HMRC Read more 🔗 trib.al/OpORgTD
As revealed that accountants paid for recommending schemes to clients case for full #LoanChargeInquiry overwhelming. #LoanChargeScandal devastates lives as victims let down by experts. Thank you @gurpreetnarwan, @SkyNews and Richard for sharing story. x.com/SkyNews/status…
Accountants were paid to place clients into loan charge schemes targeted by HMRC Read more 🔗 trib.al/OpORgTD
Is your MP member @loanchargeAPPG, one of largest APPG's ever? If not, please ask them to join. With shocking revelation that companies settled for 15%, #LoanChargeScandal injustice clear. Thank you @ThomasMorrison & all others who joined recently. x.com/loanchargeAPPG…
Thanks @thomasmorrison for joining the #LoanCharge & #TaxpayerFairness APPG, the 146th member. Together we will continue to push for a resolution to the #LoanChargeScandal & for greater taxpayer fairness. loanchargeappg.co.uk
#LoanCharge & #TaxpayerFairness APPG member @angusmacdlibdem has tabled Early Day Motion 1579 on Loan Charge & settlement terms offered to large companies & individuals. Ask your MP to sign it! 📝⬇️ There must be a #LoanChargeInquiry #LoanChargeScandal edm.parliament.uk/early-day-moti…
"Tax office reached generous settlements while punishing contractors with crippling bills" Perfectly expressed, thank you to @MoneyTelegraph & @charlotte_giff for reporting absolutely scandalous double standards of HMRC. #LoanChargeInquiry now.
🔴 HMRC accused of cutting secret loan charge deal with large companies telegraph.co.uk/money/tax/hmrc…
A long read on letter from @loanchargeAPPG to Chancellor over latest #loancharge FOI: “Absolutely staggering considering the ruthless way that HMRC has treated individuals." An HMRC spokesperson said: “We don’t recognise these claims" yorkshirepost.co.uk/business/chanc…
Constant worry, lack of sleep, change in personality, lots of emotional downs and probably mild depression due to the lack of resolution and no sight of one on the horizon @LCAG_2019 @loanchargeAPPG #LoanChargeScandal
Main story in today's @yorkshirepost business section. #loancharge. Please do support our campaigning journalism and subscribe today or #buyapaper @loanchargeAPPG
Loan Charge community shocked after HMRC deal exposed - HMRC agreed secret settlement deal of just 15% with largest companies and multinationals to resolve contractor payroll loan schemes back in 2015, year before punitive Loan Charge accountancydaily.co/loan-charge-co… @accountancylive
My commentary for @yorkshirepost. Latest FOI revelations highlight injustice of 'devastating' #loancharge, a policy linked with a number of suicides. @loanchargeAPPG yorkshirepost.co.uk/business/loan-…
Heartening to see more MPs joining @loanchargeAPPG. A chance to be on the right side of history. #loancharge
Thanks @mp4stratford for joining the #LoanCharge & #TaxpayerFairness APPG, the 145th member. Together we will continue to push for a resolution to the #LoanChargeScandal & for greater taxpayer fairness. loanchargeappg.co.uk
Every day brings shocking new revelations about scope of #LoanChargeScandal, the time for a public inquiry is now. - How many lives lost? - How many familes broken? - How many people's #mentalhealth destroyed? - How many bankruptcies? - How many lies and cover ups?
A typically evasive & disingenuous response from #HMRC. These are official minutes from the Treasury commissioned & funded Morse Review & were taken and written up by either an HMRC or a Treasury civil servant temporarily seconded to the review! 🧐 We need a #LoanChargeInquiry
Plot twist! A #loancharge Early Day Motion.
Loan Charge and settlement terms offered to large companies and individuals - Early Day Motions - UK Parliament @EstherMcVey1 edm.parliament.uk/early-day-moti…
The FOI also reveals that Ray McCann slams #HMRC’s dishonesty. He is recorded as saying “last year’s statement – you could say it was lies. Jon Thompson said that HMRC had won case after case…No case on record where they’ve won a loan scheme”. We need an independent inquiry .
🚨BREAKING NEWS: Huge new FOI revelation in the #LoanChargeScandal raised by @gregsmith_uk in #TreasuryQuestions exposing #HMRC’s 15% settlement deal with large companies in 2015, as reported by Ray McCann to Lord Morse in 2019. All the while ruthlessly persecuting contractors.
Following the extraordinary FOI revelation of #HMRC’s settlement deal of 15% with large companies & @gregsmith_uk’s question, we’ve written to the Chancellor @RachelReevesMP. Those she agrees are victims of mis-selling MUST be given equal terms as multi-million pound companies.