2005 news

Published on 8 April 2005
news

A major problem with the way the Revenue administer the tax credits system is how, in deciding whether or not to recover overpayments of tax credit, they act as judge and jury in their own cause. In particular, when an overpayment is due to Revenue error, and the Revenue still insist on recovering it, the claimant can experience a considerable sense of injustice.

Published on 5 April 2005
news

When pensioners first start to receive the State Retirement Pension (SRP) their tax affairs can go off the rails for the first time in their lives. Unfortunately, inadequate Inland Revenue or DWP processes and lack of guidance mean that this happens all too often. The results can be overpayments of tax, underpayments of benefits or unnecessary forms to complete.

Published on 31 March 2005
news

People carrying out ordinary family arrangements may in future have to pay income tax without actually receiving any income, under anti-avoidance legislation coming into force from 6 April. The new charge to income tax on'pre-owned assets' was conceived to counter sophisticated schemes set up to avoid inheritance tax.

Published on 31 March 2005
news

People carrying out ordinary family arrangements may in future have to pay income tax without actually receiving any income, under anti-avoidance legislation coming into force from 6 April. The new charge to income tax on'pre-owned assets' was conceived to counter sophisticated schemes set up to avoid inheritance tax.

Published on 30 March 2005
news

Robin Williamson -Technical Director of the Low Incomes Tax Reform Group offers a LITRG view of the Budget 2005. This article was originally published in Tax Journal on 04 April 2005 and it is reprinted here with the publishers' kind permission.

Published on 23 March 2005
news

Tax becomes payable on an income of around £91 per week if you are under 65 years of age. Various means-tested benefits administered by the Department for Work and Pensions (DWP) apply at those levels of income. Basically DWP should only assess someone's means after any tax they have paid on related income has been taken into account.

Published on 16 March 2005
news

We were glad to see the Chancellor make some improvements to help most people whom we try to support.

Published on 9 March 2005
news

A death is one of those occasions where the bereaved need the greatest help possible from everyone around them and government departments can play their part. The Inland Revenue have just issued a new leaflet called 'Contacting the Inland Revenue when someone has died' (IR45).

Published on 8 March 2005
news

A number of foster carers have reported that if they claim working tax credit (WTC) by calling the tax credits helpline, they are told that they are not entitled because their income is too high.

Published on 22 February 2005
news

Going overseas for a significant period of time or permanently, requires an individual to disentangle as simply as possible from the Inland Revenue. Being on a low income does not necessarily make the process easier. We consider in this article whether the Revenue make things as simple as they could do.