2012 news

Published on 14 November 2012
news

HMRC’s consultation on reforming the taxation of trusts for vulnerable beneficiaries is a prime opportunity for such trusts to be tailored to the needs of the beneficiaries rather than – as hitherto – compliance with a set of rather arbitrary tax rules.

Published on 10 November 2012
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Growing numbers of people on low and moderate incomes are being misled and even forced into using limited companies in order to obtain work, and risk being caught in anti-tax avoidance legislation, say tax campaigners.

Published on 7 November 2012
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A week after HMRC re-launched their Business Records Check (BRC) regime, one of a growing number of compliance initiatives, LITRG are publishing a best practice compliance guide encompassing everything that we believe HMRC should consider before starting a new initiative and when they are carrying out individual checks.

Published on 1 November 2012
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The House of Lords Committee on Public Service and Demographic Change issued a call for evidence this summer inviting views on how population changes, particularly an ageing population, will impact on UK society. LITRG’s joint response with Tax Help for Older People highlights that the tax system is central to addressing future challenges.

Published on 21 October 2012
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On Sunday 21 October 2012 at 9 pm, BBC Radio 5 live reported on schemes operated by some recruitment agencies paying minimum wage workers partly by reimbursing allegedly tax-free expenses. But if the amount reimbursed is more than the worker has actually spent, or if the expenses turn out not to be allowable against tax, the low-paid worker risks being pursued by HMRC for the unpaid tax.

Published on 27 September 2012
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LITRG has responded to the HM Revenue and Customs (HMRC) consultation document ‘Extra-statutory Concession A19 review’. Extra-Statutory Concession A19 (ESC A19) gives HMRC discretion not to collect arrears of income tax and capital gains tax, if they have delayed in acting on relevant information.

Published on 18 September 2012
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As the influential House of Commons Work and Pensions Committee questions Government ministers about implementing their proposals for universal credit, also taking evidence from welfare rights and other bodies, our own evidence to the Committee sets out what we see as the main challenges facing this flagship reform.

Published on 17 September 2012
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Parliament spent a couple of hours last week debating the morality of tax in the context of avoidance and evasion. There was, however, one intervention in the debate which identified that morality and tax should not just be confined to the consideration of the approach to the multinational company and the wealthy.

Published on 12 September 2012
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Tax campaigners are pressing HM Revenue and Customs (HMRC) for assurances that new obligations on employers to provide 'Real Time Information' (RTI) to the tax authorities will not penalise those who lack the means to file this information electronically.

Published on 31 August 2012
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Victoria Todd and Robin Williamson of LITRG have written the LITRG Tax Credits Handbook 2012/13 which has now been published by Spiramus Press.