Schedule 11 and 12 Finance (No. 2) Act, 1999 justification
Dear Her Majesty’s Treasury,
Can you provide the documents and/or policy outlining why the decision was made to capture loans made since 6th of April 1999 with the loan charge (DR) legislation announced at Budget 2016 and introduced in Finance (No. 2) Act 2017?
Please detail any decisions as to why 1999 was chosen rather than earlier or later years.
Yours faithfully,
William Furlots
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