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Review of loan charge deferred

6 November 2019

 

In September the Government commissioned Sir Amyas Morse to carry out an independent review of the controversial “Disguised Remuneration Loan Charge”, having regard in particular to its appropriateness and fairness: much of the criticism has revolved around its perceived retrospectivity.

We shall have to bate our breath a little longer: because of the General Election it has been agreed that the report will now be submitted to the new Government on its formation. So we probably won’t see the result of Sir Amyas’ deliberations until early in the New Year.

For more advice, please get in touch with your usual BKL contact or use our enquiry form.