2012 news

Published on 7 February 2012
news

If you have missed the deadline for submitting a Self Assessment (SA) tax return and you can show that you should not have been in the SA regime in the first place, then you may be able to avoid any penalties.

Published on 1 February 2012
news

Between mid-January and early March 2012, HMRC are issuing PAYE Coding Notices for the 2012/13 tax year. LITRG explains that you should check yours, and highlights particular points regarding ‘underpayment restrictions’ relating to tax for an earlier year.

Published on 27 January 2012
news

LITRG understands that the strike action planned by some HMRC staff on 31 January is to focus particularly on their telephone contact centres. As a result, HMRC say they recognise that some Self Assessment online customers who need to talk to them on 31 January may not be able to get through on the phone.

Published on 26 January 2012
news

Since 2002, there have been a large number of amendments to the tax credits legislation. For any advisers who need to understand the law as it applies today, the task of applying numerous pieces of amending legislation to the original versions is very time consuming and makes reliable interpretations extremely difficult.

Published on 20 January 2012
news

We still have significant concerns about the impacts of the next stage of PAYE reform particularly for small and very small employers and vulnerable groups such as care and support employers.

Published on 18 January 2012
news

Even if the Government solve the potential unfairness of withdrawing child benefit from a claimant immediately he, she or his or her partner or spouse becomes a higher rate taxpayer, that will still leave a host of administrative problems to resolve. At worst the new policy could spell the end of independent taxation, or become effectively a new tax on marriage.