The 2019 Loan Charge was introduced by the Finance (No. 2) Act 2017.  It is a tax charge on “employment-related taxable loans made by third parties on or after 6 April 1999 brought within Part 7A ITEPA 2003 if they remain outstanding on 5 April 2019” (ref HMRC guidance).

Part 7A was introduced with the Finance Act of 2011 (December 2010).

 

Therefore, to apply this to loans going back to 1999 is, by even the most layman terms, retrospective taxation. Furthermore, the loan charge legislation itself was clearly not in existence until 2017 (date of Royal Assent)
 

1/6
 

DUE TO THE SENSITIVE NATURE OF THE WHOLE LOAN CHARGE SCENARIO - PLEASE CREATE AN ACCOUNT ON HERE WITH A NEW EMAIL ACCOUNT AND FABRICATED NAME ETC.

CLICK SIGN UP AND PROVIDE THE EVIDENCE VIA THE UPLOAD WITH THE DETAILS OF WHO YOU ARE - WE CAN THEN VET THIS AND APPROVE ACCESS...

ANY ISSUES - PLEASE EMAIL US

INFO@LOANCHARGEJUSTICE.COM

PLEASE DO NOT FEEL OBLIGED TO DONATE £200!
THIS CAN BE CHANGED AS YOU DONATE.
£200 IS THE PREFERRED AMOUNT AS IT WILL CONCRETE THE SUPPORT FROM THE RELEVANT AREAS
ONLY DONATE WHAT YOU CAN!
THANKS - LCJ ADMIN

© 2019 LOANCHARGE - JUSTICE!