LCAG is working in numerous ways and while we have three core objectives we aim to provide support and guidance wherever it is needed.
Regardless of your industry sector, whether you are impacted by IR35, CEST or the loan charge, whether you work for the private or public sector we offer a community that will support you and help you fight the hostile and undemocratic tax system that is persecuting freelancers across the United Kingdom.
Raising awareness
At LCAG we are acutely aware that HMRC has failed to inform the vast majority of scheme users that their arrangements now ’do not work’ or that they will soon be subject to the 2019 Loan Charge.
We have been successful in contributing to numerous articles in the broadsheets as well as having several pieces picked up by industry press.
We are challenging and changing the narrative that has been pushed by HMRC, shining a light on the lies and propaganda that government and HMRC have used to label honest hardworking freelancers as ‘tax avoiders’.
Initiating Change
As well as the awareness and support, LCAG are working tirelessly to initiate change. We are asking the government to modify the loan charge legislation so that its application is prospective rather than retrospective.
We are under no illusion, we know that this is a big task!
The only way to affect this type of change is obtain sufficient political support so that HMRC and the treasury have to listen.
We were delighted when Liberal Democrat MP Stephen Lloyd, sponsored an Early Day Motion calling on the government to review the loan charge. At the time of writing the EDM now has support from 79 cross party MPs. These MPs are calling on the government to recognise that HMRC has overstepped the mark and that an urgent review of both its operation and management are needed to ensure that it delivers a modern efficient tax system that is fit for purpose and fair for all.
If you are struggling to cope with everything that the 2019 Loan Charge brings, you are not alone please read our excellent article below by Helen Stone.
Helen is a Counsellor and an expert in Psychosynthesis Therapy and Coaching.
Become a Member of LCAG
The Loan Charge Action Group has been formed to raise awareness of the retrospective tax charge introduced by HM Government in the 2017 Budget.
Please note, we do not provide any form of chargeable service or professional advice.
Our mission is to:
Inform the tens of thousands of individuals impacted, most of whom are as yet unaware of its existence and devastating impact.
Build a community where affected individuals can find information and support.
Engage with politicians and the media to raise awareness of the devastating impact this legislation will have on individuals their families and our communities.
Join Us TodayThe retrospective tax called the #LoanCharge has failed completely @lucyfrazermp @hmtreasury @RishiSunak… https://t.co/geLW4HPDM9
Thank you @jamesmurray_ldn and all MPs that supported the victims of the retrospective tax called the #LoanCharge o… https://t.co/1PlJEPTiq1
8 people have killed themselves facing the draconian retrospective #LoanCharge. There MUST be a new & genuinely ind… https://t.co/8xNjmBvY0p