Guidance

Disguised remuneration: Independent loan charge review

The Chancellor, Sajid Javid, has commissioned an independent review of the Disguised Remuneration Loan Charge.

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Details

The Chancellor, Sajid Javid, has commissioned an independent review of the Disguised Remuneration Loan Charge.

The independent review will be led by Sir Amyas Morse, former Chief Executive and Comptroller and Auditor General of the National Audit Office. The review will focus on the impact of the Loan Charge on individuals who have directly entered into disguised remuneration schemes.

The Terms of Reference specify that the review will report and provide independent recommendations to the government by mid-November. They also specify that, whilst the review is ongoing, the Loan Charge will remain in force, in line with current legislation.

The government has said that it will consider and respond to the outcome of the Review once it has concluded.

Contacting the review and providing supporting evidence

Over the coming weeks, the review intends to consider the great deal of information publicly available on the Loan Charge ahead of writing its report.

The review is interested in hearing from a wide range of people and understanding their different perspectives to inform the review. If you would like to provide supporting documentary evidence then please email it to: secretariat@loanchargereview.org.uk

The terms of reference require the review to complete the report by mid-November, so any further material needs to be provided by September 30th.

Any evidence you send may be published or referred to as a part of the report, so do please identify any information that is confidential and explain the reasons why it cannot be published.

Published 11 September 2019
Last updated 17 September 2019 + show all updates
  1. The page has been updated to add the contact details for the review, explain that people can send it evidence, clarify who has published the supporting documents on the page, and shorten the description of the review. Also updated document title for 'Disguised remuneration: Loan charge review'
  2. First published.