The LITRG has extended a cautious welcome to the announcements in today’s Autumn Statement on reforming the rules for employee benefits and expenses.
Today, in the Autumn Statement, George Osborne announced that from April 2015, the government will extend the £2,000 annual National Insurance contributions Employment Allowance to households
The LITRG have welcomed the further liberalisation of the pension taxation rules announced by the Chancellor in today’s Autumn Statement.
Increases in personal allowances are welcome, but they do not mean the same to low-income working households, the LITRG have highlighted.
While welcoming the announcement in today’s Autumn Statement that the Government will be consulting on the use of umbrella companies, the LITRG have warned that unless any resulting measures
The LITRG responded to the tax and benefits proposals on further devolution to Scotland made by the Smith Commission today.
The Office of Tax Simplification (OTS) has published a short review of tax penalties and HMRC’s administration thereof. We support the OTS’s recommendations.
To all those starting up a new business and would-be entrepreneurs - pay attention to your tax and accounting responsibilities.
The LITRG has recognised the potential benefits of tax devolution to Scotland but cautioned that full account should be taken of welfare benefits interactions in setting rates and thresholds of a d
HMRC have put forward revised proposals to recover long outstanding debt directly from the bank accounts of defaulters.