Sir Geoffrey Clifton-Brown calls for flexibility to help those affected by the 2019 loan charge

11th April 2019

Sir Geoffrey Clifton-Brown speaks in support of a constituent affected by the 2019 Loan Charge and calls for flexibility from HMRC as such a large number of people are affected.

I rise to support my constituent, Kieran Smyth, who bought schemes extending back to 2014. He believed that the schemes that he was sold were approved by HMRC and a QC.

As many Members of this House have said, the problem is that HMRC has been very slow to react to this whole matter. As far back as 2004, Dawn Primarolo, when she was Paymaster General, said that the Government would legislate to stop these schemes. The Government legislated again in 2011, but it was not until the Finance Act in 2017 that the loophole was closed.

Let me say in the very short time that I have left that the excellent Library briefing that we have been given says that the Government estimate that 50,000 individuals will be affected by the charge on these disguised remuneration loans, of whom only 24,000 so far have contacted HMRC. It is my understanding that if they have not contacted HMRC and agreed a repayment scheme by 5 April this year, they will be liable to a full range of payments and penalties.

In closing, I simply say to my right hon. Friend the Minister that if this debate is to have meant anything, can there please be a little flexibility in how those payments and charges are investigated, so that at least everyone paying them can be fully satisfied that they are properly due?




I am not currently an MP, as Parliament has been dissolved until after the General Election on 12th December 2019.

Note that much of the content of this website was added whilst I was an MP.

For urgent casework please contact 01452 371 630

To contact Geoffrey as the Conservative Parliamentary Candidate, please email him on

1143 Regent Court,
Gloucester Business Park,
GL3 4AD.

Ten Climate Actions To Celebrate

The Cotswolds

1. The UK passed the world’s first Climate Change Act over a decade ago with cross-party support. This gave us both a framework to set statutory carbon budgets and set up the independent Committee on Climate Change.

Latest Newsletter

Sir Geoffrey Clifton-Brown MP speaking in the House of Commons, October 2019

Party Conference season is over for 2019 and for those of you who did not have the chance to watch the Prime Minister’s Leader’s speech, I wanted to highlight some of the key announcements made and update you on the latest on Brexit.

4th October 2019

View The Cotswolds in a larger map