Submitted on Sunday 7th April 2019
Published on Wednesday 8th May 2019
Current status: Closed
Closed: Wednesday 6th November 2019
Signatures: 172
Tagged with
Stop the loan charge 2019 being applied retrospectively
The loan charge is a retrospective tax charge introduced by HM Government in the 2017 Budget.
The charge will apply to all remuneration via loans since 6 April 1999 if they are still outstanding on 5 April 2019.
Remuneration schemes that were legal when they were set up are now subject to retrospective income tax, NI contributions and potentially interest. The sums due are way beyond the means of many people affected.
The Treasury has failed to properly assess the impact of the Loan Charge on those affected, which will force ordinary working people into bankruptcy and cause families to lose their homes and everything they have worked for, potentially even pension savings.
You can't sign this petition because it is now closed. But you can still comment on it here at Repetition.me!
18.216.208.73 Thu, 19 Dec 2024 12:47:20 +0000
