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Where Taxpayers and Advisers Meet
Review of the Loan Charge Deferred
11/11/2019, by BKL, Tax News - Business Tax
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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.

About The Author

BKL is a business name of Berg Kaprow Lewis LLP, Chartered Accountants and Tax Advisers, a limited liability partnership registered in England and Wales.

The information in this article is intended for guidance only. It is based upon our understanding of current legislation and is correct at the time of publication. No liability is accepted by Berg Kaprow Lewis LLP for actions taken in reliance upon the information given and it is recommended that appropriate professional advice should be taken.

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