Written Question·Treasury·UIN 99135

Independent Review of the Loan Charge

Tabled: 10 December 2025
Answered: 19 December 2025

Question

Mr Angus MacDonald

Liberal DemocratInverness, Skye and West Ross-shire

To ask the Chancellor of the Exchequer, what role Ministers and officials had in setting the scope and terms of reference for the review of Loan Charge settlement arrangements conducted by Ray McCann.

Answer

Dan Tomlinson
The Review’s Terms of Reference were drafted by the independent reviewer and then agreed with Ministers.Ministers received advice from officials in line with normal processes. This ensured that the Terms of Reference met legal requirements and the objecti...

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