Oral Question·Treasury
“What steps she has taken to support people adversely affected by the Loan Charge.”
Tabled: 17 June 2026Answered: 23 June 2026
Asked by
Andrew Rosindell
Reform UK — Romford
Answering Minister
the Chancellor of the Exchequer
Answer from Hansard
The Exchequer Secretary to the Treasury (Dan Tomlinson)
The Government introduced legislation in the Finance Act 2026 to provide for a new settlement offer for those affected by the loan charge. The Government will write off the first £5,000 of liabilities, and that is in addition to the proposals put forward by the independent reviewer, Ray McCann.