Loan Charge Action Group [LCAG]
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lcag2019.bsky.social
Loan Charge Action Group [LCAG]
@lcag2019.bsky.social
The LCAG has been formed to raise awareness of the #LoanChargeScandal, a 20 yr retrospective tax charge introduced by HM Government

Website http://www.hmrcloancharge.info
Pinned
🚨 BREAKING: Damning new reports expose key roles played by #charteredaccountants & #recruitmentagencies in the #LoanChargeScandal. There was industrial mis-selling for profit for huge commissions & fees, yet the Government refuses to tackle perpetrators.
hmrcloancharge.info/new-reports-ex…
LCAG welcomes meeting invitation from Exc. Sec. to Treasury Dan Tomlinson (@Dan4Barnet), if genuine discussion #McCannReview & potential changes, but if no intent to listen or adapt then meeting pointless. Responses to earlier letters also required.
hmrcloancharge.info/wp-content/upl…
January 28, 2026 at 9:06 PM
“#McCannReview presented by Gov as way to end #LoanChargeScandal. In reality, will not allow 000's to settle, meaning whole scandal will drag on for years to come."

LCAG has written to Chancellor highlighting major issues and recommended solutions.

hmrcloancharge.info/no-end-to-the-…
January 28, 2026 at 9:04 PM
LCAG's letter to Chancellor highlights unjust outcome #McCannReview including thousands excluded & £70k cap making unaffordable.

Missed opportunity to resolve #LoanChargescandal,without urgent change misery prolonged for victims & HMRC resources wasted.

hmrcloancharge.info/wp-content/upl…
January 28, 2026 at 9:01 PM
"Plainly I am not independent"
(Ray McCann 2019) - quite the admission from 'independent' reviewer #LoanChargeScandal #McCannReview on eve of publication of his review (into settlement terms).

Thank you to Angus Macdonald MP
for written question.

questions-statements.parliament.uk/written-questi…
November 25, 2025 at 2:17 PM
LCAG has written to Chancellor as survey reveals most #LoanChargeScandal victims are retired/near retirement and unable to pay demands.

Without major changes the risk of thousands of bankruptcies and tragically more #LoanChargeSuicides is high.

hmrcloancharge.info/new-survey-rev…
November 23, 2025 at 6:36 PM
In infamous words of James Murray, why #McCannReview cannot be final word on #LoanChargeScandal.

With 'reviewer' not having final say on published recommendations how can it be 'independent'?

contractoruk.com/news/00286183w…
October 30, 2025 at 10:24 AM
🚨 BREAKING: Damning new reports expose key roles played by #charteredaccountants & #recruitmentagencies in the #LoanChargeScandal. There was industrial mis-selling for profit for huge commissions & fees, yet the Government refuses to tackle perpetrators.
hmrcloancharge.info/new-reports-ex…
October 28, 2025 at 11:24 AM
🚨#LoanChargeScandal NEW: @RachelReevesMP rightly slammed Michelle Mone & Doug Barrowman over #PPE scandal but broke promise to hold an independent review failing to investigate why the Conservative Govt introduced the #LoanCharge & ignored promoters‼️💩 hmrcloancharge.info/wp-content/upl…
October 22, 2025 at 11:43 PM
The Treasury is having private discussions about the #McCannReview recommendations, on top of the significant restrictions on it.

We’ve written to Ray McCann urging him to disown the whole review if he’s not allowed to resolve the #LoanChargeScandal.

hmrcloancharge.info/wp-content/upl…
October 22, 2025 at 11:40 PM
With all the latest about Barrowman/Mone, a reminder of the #LoanChargeScandal.

Strange that the Tory Govt introduced a law that let promoters off the hook whilst pursuing those they mis-sold to🤔💴

We wrote to @Jesse_Norman in 2020 but no reply…💩

www.hmrcloancharge.info/wp-content/u...
October 3, 2025 at 8:48 PM
As revealed that accountants paid for recommending schemes to clients case for full #LoanChargeInquiry overwhelming.

#LoanChargeScandal devastates lives as victims let down by experts.

Thank you Gurpreet Narwan, Sky News and Richard for sharing story.
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July 18, 2025 at 12:47 PM
Keeping up pressure indeed, watch @gregsmith_uk question Chancellor on shocking #FOI revelation that companies settled for 15% in contrast to #LoanChargeScandal victims.

Justice demands full #LoanChargeInquiry.

Thank you for long term support Greg.

youtu.be/AAwI1Kf0abE?si…
Keeping Up the Pressure on Government over the Loan Charge
YouTube video by Greg Smith MP | Mid Buckinghamshire
https://youtu.be/AAwI1Kf0abE?si…
July 5, 2025 at 8:15 PM
"Tax office reached generous settlements while punishing contractors with crippling bills"

Perfectly expressed, thank you to @MoneyTelegraph & @charlotte_giff for reporting absolutely scandalous double standards of HMRC.

#LoanChargeInquiry now.

www.telegraph.co.uk/money/tax/hm...
HMRC accused of cutting secret loan charge deal with large companies
Tax office reached generous settlements while punishing contractors with crippling bills, documents suggest
www.telegraph.co.uk
July 5, 2025 at 8:13 PM
Shocking double standards from HMRC and government as large companies settle for 15% whilst #LoanChargeScandal victims driven to despair & #LoanChargeSuicides.

Time for #FairResolution, time for 15% settlement for all #LoanChargeScandal mis-selling victims.
July 5, 2025 at 8:10 PM
🚨#LoanChargeScandal LATEST: LCAG exposes the reality of the prejudice & bias of the sham #McCannReview & that the outcome is PREDETERMINED‼️

Here’s our letter to Ray McCann following his extraordinary interview & prejudicial comments in @ComputerWeekly ➡️ www.hmrcloancharge.info/wp-content/u...
April 15, 2025 at 5:37 PM
As #LoanChargeScandal victims face bankruptcy, recruiters who recommended Umbrella companies unaffected. Thank you @SkyNews and @gurpreetnarwan for reporting on role of recruiters and especially to Manuel and 'Peter' for bravely telling their stories. 🙏

youtube.com/shorts/elLf2Wj…
https://youtube.com/shorts/elLf2Wj…
March 14, 2025 at 9:19 AM
Thank you to Harriet Cross
for raising #LoanChargeScandal Written Questions on scope and operation of #LoanChargeReview, please also consider joining APPG. 🙏

Standard responses from James Murray.

questions-statements.parliament.uk/written-questi…
March 14, 2025 at 9:17 AM
LCAG press release condemns 'review' into #LoanChargeScandal, which fails to review LC, as sham & betrayal.

Outrageously ToR excludes promoters entirely, despite @RachelReevesMP claiming they "real culprits"

Read full press release below.

hmrcloancharge.info/wp-content/upl…
https://hmrcloancharge.info/wp-content/upl…
February 3, 2025 at 1:43 PM
“What Government has announced today is not review at all, as it actually astonishingly excludes reviewing Loan Charge."

- Steve Packham, LCAG

Where is investigation into actions promoters, HMRC, agencies & more? #LoanChargeReview ignores all
x.com/gregwrightYP/s…
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January 24, 2025 at 2:15 AM
Disgraceful #LoanChargeReview rightly denounced by @loanchargeAPPG Co-Chair @gregsmith_uk on @IainDale show.

"Total sham, not review #LoanChargeScandal... piece of theatre, not saying anything... Civil servants hoodwinked ministers"

Thank you both 🙏

www.globalplayer.com/catchup/lbc/...
Iain Dale | Global Player
Listen to Iain Dale for free on Global Player.
www.globalplayer.com
January 24, 2025 at 2:14 AM
Happy New Year to all victims of #LoanChargeScandal, let's hope 2025 is year that injustice finally resolved.

Recommended reading for new year, 'Gino's Contraband' by Gabrielle O'Donovan,
featuring loan charge, currently with free download on Amazon.

x.com/GabrielleO6189…
x.com
https://x.com/GabrielleO6189…
January 3, 2025 at 4:33 PM
The #LoanChargeScandal is often compared to #PostOfficeScandal, thorough @loanchargeAPPG letter to Rachel Reeves highlights staggering breadth of scandal and why independent #LoanChargeReview essential.

Thank you APPG for your support.
x.com/loanchargeAPPG…
December 20, 2024 at 1:54 PM
Those responsible for whole #LoanChargeScandal must be held to account @jamesmurray_ldn. Policy massive failure with 40k cases outstanding and,unbelievably, 275k+ scheme users in 2021-23.
Thank you Greg Wright & Yorkshire Post for excellent article.
x.com/gregwrightYP/s…
November 24, 2024 at 4:35 PM
Thank you Andrew Cooper for questioning Treasury on details of new #LoanChargeReview, it is imperative that fully independent of HMRC & HMT.
questions-statements.parliament.uk/written-questi…
November 15, 2024 at 4:02 PM
'Question loan charge tax officials under oath' - well said @KarlTurnerMP, time HMRC held to account after consistently misleading MP's & Parliamentary over #LoanChargeScandal.
Thank you Emma Agyemang
& ft ukpolitics for excellent article.

www.ft.com/content/2fab...
‘Question loan charge tax officials under oath’
MPs pledge independent inquiry into much-criticised policy
www.ft.com
November 15, 2024 at 4:01 PM