Loan Charge Action Group [LCAG]
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lcag2019.bsky.social
Loan Charge Action Group [LCAG]
@lcag2019.bsky.social
84 followers 4 following 23 posts
The LCAG has been formed to raise awareness of the #LoanChargeScandal, a 20 yr retrospective tax charge introduced by HM Government Website http://www.hmrcloancharge.info
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🚨 BREAKING: Damning new reports expose key roles played by #charteredaccountants & #recruitmentagencies in the #LoanChargeScandal. There was industrial mis-selling for profit for huge commissions & fees, yet the Government refuses to tackle perpetrators.
hmrcloancharge.info/new-reports-ex…
In infamous words of James Murray, why #McCannReview cannot be final word on #LoanChargeScandal.

With 'reviewer' not having final say on published recommendations how can it be 'independent'?

contractoruk.com/news/00286183w…
🚨 BREAKING: Damning new reports expose key roles played by #charteredaccountants & #recruitmentagencies in the #LoanChargeScandal. There was industrial mis-selling for profit for huge commissions & fees, yet the Government refuses to tackle perpetrators.
hmrcloancharge.info/new-reports-ex…
🚨#LoanChargeScandal NEW: @RachelReevesMP rightly slammed Michelle Mone & Doug Barrowman over #PPE scandal but broke promise to hold an independent review failing to investigate why the Conservative Govt introduced the #LoanCharge & ignored promoters‼️💩 hmrcloancharge.info/wp-content/upl…
The Treasury is having private discussions about the #McCannReview recommendations, on top of the significant restrictions on it.

We’ve written to Ray McCann urging him to disown the whole review if he’s not allowed to resolve the #LoanChargeScandal.

hmrcloancharge.info/wp-content/upl…
With all the latest about Barrowman/Mone, a reminder of the #LoanChargeScandal.

Strange that the Tory Govt introduced a law that let promoters off the hook whilst pursuing those they mis-sold to🤔💴

We wrote to @Jesse_Norman in 2020 but no reply…💩

www.hmrcloancharge.info/wp-content/u...
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 Gurpreet Narwan, Sky News and Richard for sharing story.
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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…
Keeping Up the Pressure on Government over the Loan Charge
YouTube video by Greg Smith MP | Mid Buckinghamshire
https://youtu.be/AAwI1Kf0abE?si…
"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.

www.telegraph.co.uk/money/tax/hm...
HMRC accused of cutting secret loan charge deal with large companies
Tax office reached generous settlements while punishing contractors with crippling bills, documents suggest
www.telegraph.co.uk
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.
🚨#LoanChargeScandal LATEST: LCAG exposes the reality of the prejudice & bias of the sham #McCannReview & that the outcome is PREDETERMINED‼️

Here’s our letter to Ray McCann following his extraordinary interview & prejudicial comments in @ComputerWeekly ➡️ www.hmrcloancharge.info/wp-content/u...
As #LoanChargeScandal victims face bankruptcy, recruiters who recommended Umbrella companies unaffected. Thank you @SkyNews and @gurpreetnarwan for reporting on role of recruiters and especially to Manuel and 'Peter' for bravely telling their stories. 🙏

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https://youtube.com/shorts/elLf2Wj…
Thank you to Harriet Cross
for raising #LoanChargeScandal Written Questions on scope and operation of #LoanChargeReview, please also consider joining APPG. 🙏

Standard responses from James Murray.

questions-statements.parliament.uk/written-questi…
LCAG press release condemns 'review' into #LoanChargeScandal, which fails to review LC, as sham & betrayal.

Outrageously ToR excludes promoters entirely, despite @RachelReevesMP claiming they "real culprits"

Read full press release below.

hmrcloancharge.info/wp-content/upl…
https://hmrcloancharge.info/wp-content/upl…
“What Government has announced today is not review at all, as it actually astonishingly excludes reviewing Loan Charge."

- Steve Packham, LCAG

Where is investigation into actions promoters, HMRC, agencies & more? #LoanChargeReview ignores all
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Disgraceful #LoanChargeReview rightly denounced by @loanchargeAPPG Co-Chair @gregsmith_uk on @IainDale show.

"Total sham, not review #LoanChargeScandal... piece of theatre, not saying anything... Civil servants hoodwinked ministers"

Thank you both 🙏

www.globalplayer.com/catchup/lbc/...
Iain Dale | Global Player
Listen to Iain Dale for free on Global Player.
www.globalplayer.com
Happy New Year to all victims of #LoanChargeScandal, let's hope 2025 is year that injustice finally resolved.

Recommended reading for new year, 'Gino's Contraband' by Gabrielle O'Donovan,
featuring loan charge, currently with free download on Amazon.

x.com/GabrielleO6189…
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The #LoanChargeScandal is often compared to #PostOfficeScandal, thorough @loanchargeAPPG letter to Rachel Reeves highlights staggering breadth of scandal and why independent #LoanChargeReview essential.

Thank you APPG for your support.
x.com/loanchargeAPPG…
Those responsible for whole #LoanChargeScandal must be held to account @jamesmurray_ldn. Policy massive failure with 40k cases outstanding and,unbelievably, 275k+ scheme users in 2021-23.
Thank you Greg Wright & Yorkshire Post for excellent article.
x.com/gregwrightYP/s…
Thank you Andrew Cooper for questioning Treasury on details of new #LoanChargeReview, it is imperative that fully independent of HMRC & HMT.
questions-statements.parliament.uk/written-questi…
'Question loan charge tax officials under oath' - well said @KarlTurnerMP, time HMRC held to account after consistently misleading MP's & Parliamentary over #LoanChargeScandal.
Thank you Emma Agyemang
& ft ukpolitics for excellent article.

www.ft.com/content/2fab...
‘Question loan charge tax officials under oath’
MPs pledge independent inquiry into much-criticised policy
www.ft.com
Thank you to @mariecgoldman for asking Treasury how many promoters of #LoanChargeScandal schemes have been prosecuted. Referring to earlier answer @jamesmurray_ldn confirms none specifically for promoting.
questions-statements.parliament.uk/written-questi…
Welcome news that #LoanCharge settlements can be paused until #LoanChargeReview concluded, but imperative that automatically available to all victims #LoanChargeScandal, not just on request James Murray
Thank you Caroline Donnelly & Computer Weekly.

www.computerweekly.com/news/3666155...
Imperative that #LoanChargeReview looks whole supply chain, legislation & conduct/role HMRC to finally resolve #LoanChargescandal.
Listen to LCAG's Greg Mulholland explain history of Loan Charge and why Review so critical.
Thanks to Iain Dale as always.

youtu.be/MBvA02YQGgY?...
#STOPtheLoanCharge Budget 2024 - Discussing the NEW + INDEPENDENT Loan Charge Review
YouTube video by LCAG TV
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