2017 news

gig-economy-tax-extra-cash
Published on 22 December 2017
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If you earned some extra cash in the period 6 April 2016 to 5 April 2017, for example by offering rides, making deliveries or selling items online, there are some important tax issues and a forthcoming deadline to be aware of – the 31st January 2018 tax return deadline. 

Published on 11 December 2017
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The Low Incomes Tax Reform Group (LITRG) broadly welcomes the Government’s ambition to see more disabled people in work, but is hugely disappointed that it has not taken the opportunity to explore tax reliefs and other changes to tax rules and practice that could help support more disabled people into work and help those already in work to stay in work.

HMRC-money-overseas
Published on 11 December 2017
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You may have recently received a letter saying that HMRC’s information indicates you currently have or previously had offshore income or gains and if you have additional tax to pay, to tell HMRC using the Worldwide Disclosure Facility. If this applies to you – read on. 

Published on 6 December 2017
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HMRC are going to use information provided direct to them by your bank and building society about interest you receive to collect any tax due on that income. You need to check these figures carefully to make sure they are correct so that you don’t pay too much tax or end up owing tax.

Budget-2017-November
Published on 22 November 2017
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The Chancellor’s Autumn Budget 2017 was Mr Hammond’s second Budget of 2017. The key themes revolved around embracing the future, in particular the changes, challenges and opportunities facing the United Kingdom as we prepare for Brexit. The Chancellor set out to balance investment in skills, infrastructure and homes with helping families cope with the cost of living.

universal-credit-self-employed
Published on 22 November 2017
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In today’s Budget the Chancellor confirmed a £1.5 billion package of changes to universal credit in order to address some of the recent concerns raised about the impact of roll-out on claimants. Although the changes are welcome, we are disappointed that no changes were announced to the rules for self-employed claimants in universal credit.

personal-allowance-lowest-income-budget-2017
Published on 22 November 2017
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The Chancellor announced today that the personal allowance will increase from £11,500 to £11,850 from 6 April 2018. For many, this is a welcome announcement as it will mean they have more cash in their pockets, however it does little to help those on the lowest incomes.

Published on 22 November 2017
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The Low Incomes Tax Reform Group has warmly welcomed today’s announcement that the Government will allow claims to the marriage allowance in cases where a partner has died before the claim is made, and that such claims can be backdated by up to four years provided all other conditions for the allowance are met. This implements a long-standing recommendation by the Group.

worker-status-Uber-judgment
Published on 16 November 2017
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The Employment Appeals Tribunal have recently found some Uber drivers were ‘workers’ rather than ‘self-employed’ for employment law purposes.

Published on 14 November 2017
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On 1 November 2017, HMRC introduced the Social Care Compliance Scheme, aimed at employers in the social care sector (including individual employers who have taken on their own carers or personal assistants) who may have inadvertently underpaid their workers for ‘sleep-in’ shifts.