MPs in 'Fraudsters' Row with HMRC
In the News
HM Revenue and Customs (HMRC) is engaged in a bitter war of words with MPs over the so-called "loan charge".
The charge - brought in last year to close a tax loophole - has landed thousands of freelancers with large, unexpected bills dating back 20 years.
The all-party loan charge group has accused HMRC of suggesting those who have to pay the charge are fraudsters.
HMRC's chief executive Jim Harra insists a press release did not say that and is demanding a retraction.
But the all-party group says it "stands by" its criticism.
Join for free to get genuine deals, money saving advice and help from our friendly community