HMRC has released an ambitious ten year plan for modernising the tax system1, capitalising on the opportunities provided by technological advancement. The Low Incomes Tax Reform Group (LITRG) broadly welcomes the direction of travel, but urges HMRC to ensure that no-one is left behind in ...
The Low Incomes Tax Reform Group (LITRG) welcomes today’s Public Accounts Committee report on the management of tax reliefs1 which highlights an issue affecting a significant number of low-paid workers who miss out on tax relief on their pension contributions.2...
HMRC have written to around one million tax credit claimants after omitting important income figures from their renewal notices.1 LITRG advises all tax credit claimants to check their paperwork carefully and are urging HMRC to use the full extent of their powers to correct any issues that...
The Low Incomes Tax Reform Group (LITRG) is encouraging self-employed people impacted by COVID-19 to double-check whether they are entitled to the first round of the Government’s Self-Employment Income Support Scheme (SEISS) grant before the claim window closes on 13 July.1...
The Low Incomes Tax Reform Group (LITRG) is concerned that recipients of the Government’s Self-Employed Income Support Scheme (SEISS) grant1 might not realise that it is taxable. It has led LITRG to warn that, for many, a third of the grant might have to be ‘paid back’, in tax and Cl...
The Chartered Institute of Taxation’s Low Incomes Tax Reform Group (LITRG) has welcomed the Scottish Government’s £230 bonus payment to carers and stressed that it is important to make sure that carers know this extra money is coming....