The Employment and Trading Income etc. (Loan Charge Settlement Scheme) Regulations 2026
Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.
Change 1
5 Interpretation: specified connected amounts
(1) In these Regulations, “specified connected amounts” are— (a) any amount treated as earnings (of an employee) under section 222 and 223 of ITEPA 2003; (b) any amount of secondary Class 1 national insurance contributions within the meaning given by section 1(2) of SSCBA 1992 and section 1(2) of SSCB(NI)A 1992; (c) any payment on account, whether the amount is paid or payable; (d) any amount of penalty other than a reserved penalty; where that amount arises at any time, or period of time, and is incidental to, or otherwise connected with, loan charge amounts. (2) In this regulation, a “reserved penalty” means a penalty under Schedule 24 to FA 2007 (penalties for errors) which P agrees to pay as an additional qualifying amount as a condition of a settlement offer under regulation 12.
5 Interpretation: specified connected amounts
(1) In these Regulations, “specified connected amounts” are— (a) any amount treated as earnings (of an employee) under section 222 and 223 of ITEPA 2003; (b) any amount of secondary Class 1 national insurance contributions within the meaning given by section 1(2) of SSCBA 1992 and section 1(2) of SSCB(NI)A 1992; (c) any payment on account, whether the amount is paid or payable; (d) any amount of penalty other than a reserved penalty; where that amount arises at any time, or period of time, and is incidental to, or otherwise connected with, loan charge amounts. (2) In this regulation, a “reserved penalty” means a penalty under Schedule 24 to FA 2007 (penalties for errors) which P agrees to pay as an additional qualifying amount as a condition of a settlement offer under regulation 12.
One line that says what changes, such as "Halve the dog tax".
Who it helps, what it costs, what it fixes. It is what persuades people to support it.
A proposal here is not law. Support on Solon is evidence that people want the change; the official route says what it takes to make it law.
Sign in to file your proposal. What you have written stays on this page.
Sign in to file itThink it through
Ask what your change would do, who would gain and who would bear a cost, and where something like it is already law. The assistant reads your draft as it stands, cites the law and the studies it finds, and takes no side. What you file stays yours.