Written Question·Treasury·UIN 2347

Tax Avoidance

Tabled: 30 July 2024
Answered: 5 September 2024

Question

Neil Coyle

LabourBermondsey and Old Southwark

To ask the Chancellor of the Exchequer, whether she plans to review Section 684 activities with reference to the Loan Charge.

Answer

James Murray
Section 684 of the Income Tax (Earnings and Pensions) Act (ITEPA) 2003 provides for the Pay As You Earn (PAYE) regulations. In 2022, the Court of Appeal considered HMRC’s use of section 684(7A)(b) in relation to a disguised remuneration scheme. The Chance...

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