LITRG has submitted a joint response with the Chartered Institute of Taxation to the call for evidence issued by the Devolution (Further Powers) Committee of the Scottish Parliament. The response emphasises the need to take a holistic view of the tax and welfare systems. In particular, the taxpayer and claimant need to be kept in mind when devolving further powers. ...
LITRG has commented on draft technical guidance on Scottish taxpayer status for the Scottish Rate of Income Tax (SRIT) issued by HMRC. In particular, LITRG notes that the draft guidance should provide guidance on what action taxpayers can take if they disagree with HMRC about their decision concerning Scottish taxpayer status. ...
LITRG has responded to a call for evidence issued by the Commission on Local Tax Reform, which has been set up by the Scottish Government to explore alternatives to Council Tax for Scotland. LITRG does not recommend any particular system of local taxation, but explores various options, identifying issues for consideration. In particular, we note the importance of taking into account interactions o...
The LITRG supports the creation of a secondary annuities market in order to create consistencies and maintain equality of treatment between pre- and post-April reform annuitants. We do urge that those who are not financially aware or who cannot afford professional advice are accommodated appropriately, both with information being made available on Pensionwise and the ability to buy-back with the o...
LITRG has responded to a Department for Business, Innovation & Skills consultation on the new postgraduate loans focussing on how these loans will be collected through the tax system. LITRG recommends that the loan repayments must be available on HMRC’s Basic Payroll Tools free software for small employers. We disagree with the proposal that postgraduate loans should be repaid concurrently wit...
LITRG fully supports the development and introduction of any tools, across the whole auto enrolment process that will make the system easier to operate for small employers – particularly care and support employers. However, we would press that any new tool be fully integrated with the HMRC BPT tool in order to keep things as clear and simple as possible for employers. This will help them better co...