To ask the Chancellor of the Exchequer, how many letters were sent by HMRC to people affected by the Loan Charge, in December 2020.
26 January 2021
HMRC sent approximately 17,000 letters in December 2020 to people affected by the Loan Charge. The number of taxpayers receiving these letters will be lower, as some will have received more than one piece of correspondence.
In addition to these letters and since 30 September 2020, HMRC have continued settlement discussions with taxpayers eligible for the 2017 disguised remuneration settlement terms who were prevented from settling by 30 September 2020 for reasons beyond their control, such as recent hospitalisation.
HMRC continue to offer support to taxpayers where needed when dealing with their tax affairs.