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Suicides linked to HMRC cash demands in ‘loan charge’ tax bills
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Ministers are facing renewed calls to rethink the controversial “loan charge” imposed on tens of thousands of workers, after it emerged that there had been eight cases of suicide among those facing demands for payments under the scheme.
A cross-party group of MPs has already raised concerns over the charge, which has seen the self-employed and contractors including nurses and social workers facing large bills from HM Revenue and Customs (HMRC). While the UK’s tax authority has ruled that they avoided tax through “disguised remuneration schemes”, those facing bills say that they are victims of misselling, and that they used the schemes in good faith after professional advice.
Officials have now said there have been eight cases of suicide by
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