Petition · past parliament
Stop the loan charge 2019 being applied retrospectively
Closed
172 signatures
What the petition asks
The loan charge is a retrospective tax charge introduced by HM Government in the 2017 Budget.
The charge will apply to all remuneration via loans since 6 April 1999 if they are still outstanding on 5 April 2019.
The charge will apply to all remuneration via loans since 6 April 1999 if they are still outstanding on 5 April 2019.
Remuneration schemes that were legal when they were set up are now subject to retrospective income tax, NI contributions and potentially interest. The sums due are way beyond the means of many people affected.
The Treasury has failed to properly assess the impact of the Loan Charge on those affected, which will force ordinary working people into bankruptcy and cause families to lose their homes and everything they have worked for, potentially even pension savings.
The Treasury has failed to properly assess the impact of the Loan Charge on those affected, which will force ordinary working people into bankruptcy and cause families to lose their homes and everything they have worked for, potentially even pension savings.
Timeline
| 8 May 2019 | Petition opened for signatures |
| 6 Nov 2019 | Closed to new signatures |
Key facts
Signatures
172
Status
Closed
Opened
8 May 2019
Closed
6 Nov 2019
Follow this petition
Sign in to get an email when the government responds, a debate is scheduled or held, or the petition closes.
Source: the official petition page. Last checked 15 Jul 2026.