Written Question·Treasury·UIN 35576

Tax Avoidance

Tabled: 4 March 2025

Answered: 10 March 2025

Question

Vikki Slade

Liberal Democrat — Mid Dorset and North Poole

To ask the Chancellor of the Exchequer, what estimate she has made of the number of people made bankrupt by the Loan Charge.

Answer

James Murray

HMRC will only ever consider initiating bankruptcy as a last resort, where they have been unable to work with the customer to agree a manageable payment plan. HMRC will also not force anyone to sell their main home or access their pension funds early to p...

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