iiinova — where your digital self keeps evolving

Loan Charge Impact @loanchargeimpact.bsky.social · 21/02/2025

..hanging my head in shame in asking family members to borrow money to pay outrageous demands by HMRC in a very little timeframe I have also considered taking my own life. Where does this all end?? @lcag2019.bsky.social #LoanChargeScandal

This is an example of a Loan Charge Impact statement taken as evidence by the Loan Charge and Taxpayer Fairness Group AAP. These statements highlight the true impact of the Loan Charge on families and individuals and how that differs from what is reported by HMRC

Work for HMRC? Sick of the slaughter? Help us. Follow the link below:

https://www.hmrcloancharge.info/hmrc-whistleblower-portal/

To see a proposed solution to the mess visit:

https://www.loanchargeresolution.co.uk/wp-content/uploads/2024/08/Letter-to-Exchequer-Secretary-to-the-Treasury-about-the-Loan-Charge-August-2024.pdf

042

Loan Charge Impact @loanchargeimpact.bsky.social · 20/02/2025

The financial impact will be mammoth If these eventually result in payments to HMRC. How can it be proper for HMRC to prolong their "enquiries" for such a long time? The ongoing uncertainty is causing a level of extreme anxiety... @lcag2019.bsky.social #LoanChargeScandal

010

Loan Charge Impact @loanchargeimpact.bsky.social · 12/02/2025

The total liability £1.350m The experience made me very unwell and has undoubtedly shortened my life. Everyday is a struggle as I work to pay HMRC the balance. I have worked very hard throughout my life...I feel angry that so much has been taken away from me @lcag2019.bsky.social #LoanChargeScandal

010

Loan Charge Impact @loanchargeimpact.bsky.social · 11/02/2025

many sleepless nights thinking about the future...all of this money that I am supposed to owe I have considered suicide on many occasions...staged to make it look like an accident so that my wife would still get the life insurance @lcag2019.bsky.social #LoanChargeScandal

020

Loan Charge Impact @loanchargeimpact.bsky.social · 08/02/2025

This has been a constant stress to myself and my family and has gone on for over 8 years since I had the first "enquiry" letter. I have been through periods of deep depression, contemplated suicide... @lcag2019.bsky.social #LoanChargeScandal #LoanChargeSuicide

053

Loan Charge Impact @loanchargeimpact.bsky.social · 07/02/2025

Devastating. Approaching retirement age, stress, worry - just unable to fully quantify the impact on mental health And it seems so far this is totally endorsed by a Government who cares not for the law or what is morally right @lcag2019.bsky.social #LoanChargeScandal

064

Loan Charge Impact @loanchargeimpact.bsky.social · 06/02/2025

When I walk down the street and see the homeless bedded down for the night I often reflect and feel that this will be me in a year or so. All down to trusting my trusted accountant and HMRCs blatant disregard for the UK Legal System @lcag2019.bsky.social #LoanChargeScandal

074

Loan Charge Impact @loanchargeimpact.bsky.social · 26/01/2025

...overwhelming the fact that an individual is called for taxes retrospetively and expected to reach an agreement with HMRC? where is the umbrella company? @lcag2019.bsky.social #LoanChargeScandal

032

Loan Charge Impact @loanchargeimpact.bsky.social · 22/01/2025

I feel let down and not listened to. I put my heart and soul into work (NHS) and never knowlingly looked to gain monetary advantage ...why these companies [schemes] are not penalised or help the individuals[?] @lcag2019.bsky.social #LoanChargeScandal

085

Loan Charge Impact @loanchargeimpact.bsky.social · 21/01/2025

Have had a home visit by revenue protection within HMRC who tried to frighten me into the powers that HMRC have. Saying my home is at risk and asking how much equity is on the home! I do not want the harrassament from HMRC @lcag2019.bsky.social #LoanChargeScandal

175

Loan Charge Impact @loanchargeimpact.bsky.social · 21/01/2025

Losing my house, my job and my ability to work and starting from scratch in my 40's is not a prospect I can face and after a lot of soul searching I seriously think suicide is a better option if it comes to that @lcag2019.bsky.social #LoanChargeScandal

143

Loan Charge Impact @loanchargeimpact.bsky.social · 20/01/2025

Frustration & anger that none of the scheme operators are being targeted by HMRC when these schemes were "sold" as being above board & inline with HMRC regulations ...confirmed HMRC contractors used the same schemes... @lcag2019.bsky.social #LoanChargeScandal

074

Loan Charge Impact @loanchargeimpact.bsky.social · 20/01/2025

Baically I feel like I am waiting for someone to knock on the door to assess what they can do or take from me, I have nothing to give I only own my car, no assets/cash/pensions or anything, I just wish it would all just go away @lcag2019.bsky.social #LoanChargeScandal

054

Loan Charge Impact @loanchargeimpact.bsky.social · 19/01/2025

My mental health has been really poor. My relationship has ended because of my poor mental health. I now live alone and have been isolated throughout the pandemic I have felt suicidal and am genuinely worried about losing assets and my pets @lcag2019.bsky.social #LoanChargeScandal

021

Loan Charge Impact @loanchargeimpact.bsky.social · 19/01/2025

I've been involved in this mess for years, I feel I was totally mis-sold a service that was supposed to take control of my finances in a legal tax efficient manner. I'm not an accountant or tax expert... @lcag2019.bsky.social

075

Loan Charge Impact @loanchargeimpact.bsky.social · 18/01/2025

Mental stress for such a long time since 2011 - not knowing where I stand. I have considered suicide as a way out The liability could be two or three hundred thousand pounds, maybe more because I participated in what was perfectly-legal schemes for so long @lcag2019.bsky.social #LoanChargeScandal

086

Loan Charge Impact @loanchargeimpact.bsky.social · 17/01/2025

I was bullied by HMRC at the time of set up as I was told if I didn't pay this every month then the other £7k would be added to the settlement This whole period has been very stressful & I believe unjust in the way it has been claimed @lcag2019.bsky.social #LoanChargeScandal

074

Loan Charge Impact @loanchargeimpact.bsky.social · 17/01/2025

Disaster Will never be able to repay and will go bankrupt and loose the house . I have declared this on my tax return every year for 7 years as advised without any questions I have considered ending my life to protect my family... @lcag2019.bsky.social #LoanChargeScandal

053

Loan Charge Impact @loanchargeimpact.bsky.social · 14/01/2025

I feel like I have broken the law, despite the schemes I operated in being compliant when utilised. I totally understand the requirement for evolution of legislation but the ability to retrospectively apply this feels ridiculous @lcag2019.bsky.social #LoanChargeScandal pbs.twimg.com/media/Gg25-1...

074

Loan Charge Impact @loanchargeimpact.bsky.social · 14/01/2025

I have had phone calls from APN enforcement and house visits to intimidate my family and I. They would sit on my shared driveway for long periods after knocking and eventually put a letter through the door before leaving #LoanChargeScandal @lcag2019.bsky.social pbs.twimg.com/media/Gg23o4...

074

Loan Charge Impact @loanchargeimpact.bsky.social · 14/01/2025

My mental state has become fragile during this period which hasn't been helped by the lack of empathy shown in correspondence from HMRC Sometimes the anger I feel can can be greater than the anxiety I often feel about this whole thing #LoanChargeScandal pbs.twimg.com/media/GgytJG...

064

Loan Charge Impact @loanchargeimpact.bsky.social · 14/01/2025

A day does not pass without me thinking and worrying about how the Loan Charge could ruin my life. This spills over into my marital relationship and attitude to socialising with friends #LoanChargeScandal pbs.twimg.com/media/GgysSX...

094