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MP scolds HMRC over 'illegal' taxation of contractors


Stephen Lloyd, the Liberal Democrat MP for Eastbourne, has attacked HMRC for “retrospectively taxing” contractors. Mr Lloyd introduced a motion calling on Parliament not to apply the loan charge to those who entered “disguised remuneration” schemes before the recent rule changes. Andy Wood, of Enterprise Tax Consultants, said he believes this is taxing individuals retrospectively - which would be illegal.

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