A concerned Low Incomes Tax Reform Group (LITRG) has debunked myths about the coronavirus Self-Employment Income Support Scheme (SEISS) grants to help the millions of people yet to submit their completed Self Assessment tax return and pay any tax owed ahead of the 31 January tax return deadline.
In light of reports of problems from taxpayers that are increasing in both number and seriousness, the Low Incomes Tax Reform Group (LITRG) is calling on HMRC to stop accepting deeds of assignment at face value with immediate effect and also to revisit historic deeds in certain cases where questions...
The Low Incomes Tax Reform Group (LITRG) welcomes today’s (Thursday) announcement from HMRC that they will not charge late-filing penalties for 2020/21 self-assessment tax returns filed online on or before 28 February 2022. HMRC have also announced that no late payment penalties will be charged for ...