Johnson rolls over to his well off supporters Archived Message Posted by Mary on September 28, 2019, 8:33 am Boris Johnson bows to pressure with review of loan charge PM honours promise to probe tax that has attracted fierce criticism from business and MPs The Loan Charge Action Group led a protest outside the Houses of Parliament on Wednesday morning September 4, 2019 Boris Johnson has announced a review into the contentious loan charge, after coming under pressure from his allies and campaigners to deliver on commitments made during the Conservative party leadership contest. The charge requires as many as 50,000 people who used loan-based avoidance schemes to pay tax on up to 20 years of income in one financial year. It has attracted criticism from tax and accounting bodies, more than 200 MPs, peers and lawyers for its erosion of statutory taxpayer protections and the devastating impact it is having on thousands of people. Mr Johnson made the unexpected announcement during Prime Minister’s Questions on Wednesday after Conservative MP Ross Thomson asked what action the government was taking to address the issue which, he said, was “tearing families apart, driving individuals to despair and reportedly some to suicide”. /.. https://www.ft.com/content/9698c15a-cf0e-11e9-b018-ca4456540ea6 Message Thread: Johnson rolls over to his well off supporters - Mary September 28, 2019, 8:33 am Re: Johnson rolls over to his well off supporters - Mary September 28, 2019, 8:42 am Re: Johnson rolls over to his well off supporters - ken September 28, 2019, 2:34 pm   Searching