Charles Walker condemns HMRC action on the loan charge

Charles Walker speaks in a debate on the 2019 Loan Charge condemning the retrospective and disproportionate approach being taken by HMRC which seems intent on bankrupting its debtors as opposed to setting on a reasonable return.

Mr Charles Walker (Broxbourne) (Con)

That retrospective and disproportionate approach being taken by HMRC are what concern a number of my constituents. The people I represent are very reasonable, and they would be happy to come to an arrangement with HMRC, but HMRC seems to want to bankrupt its debtors, as opposed to getting some return from them.

Stephen Metcalfe

My hon. Friend makes an excellent point. All the correspondence I have had has been phrased in very reasonable terms. People want to do the right thing, but they feel under a huge amount of pressure.

Hansard