In the Summer Budget on 8 July 2015, the Chancellor announced that future awards of child tax credit would be limited to 2 children and that the family element of CTC
The LITRG is reminding people in receipt of tax credits that just three weeks remain to complete renewal forms.
The Low Incomes Tax Reform Group (LITRG) is calling on HMRC to clear up confusion over future levels of child tax credit thresholds.
Tax campaigners have welcomed the increase in the “rent-a-room” relief limit to £7,500 per year from £4,250. The increased limit will apply from 6 April 2016.
The Chancellor styled his Summer Budget 2015 as one “that puts security first”, both national security and economic security for working people.
In the Summer Budget delivered on 8 July 2015, the Chancellor announced sweeping cuts to the tax credits system.
Did you overpay tax several years ago which HMRC have refused to repay because you submitted an “out of time” tax return?
Cuts to tax credits and universal credit announced today will cause a reduction in the incomes of the poorest and damage work incentives which will be only partly comp
The Low Incomes Tax Reform Group (LITRG) has broadly welcomed the introduction of the £5,000 tax free Dividend Allowance that is to be introduced from April 2016.
The Low Incomes Tax Reform Group is concerned that today’s announcement, that maintenance grants for new students from low-income households in England would be replac