2018 news

self-employed-employment
Published on 28 December 2018
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If you want to submit your tax return online, did you know that in addition to being registered for Self Assessment, you may need to set up an online Self Assessment account with HMRC as a separate step? Here we explain the process.

Published on 20 December 2018
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The Low Incomes Tax Reform Group (LITRG) is urging low-paid workers affected by the 2019 loan charge to consider contacting HMRC about the option to settle – before they lose the chance.

Can-i-claim-working-tax-credit
Published on 20 December 2018
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The loan charge date of 5 April 2019 is drawing ever closer. If you reach a ‘settlement’ with HMRC before this date, then the loan charge will not apply. But you may be hearing or reading things that are stopping you from contacting HMRC about settlement and you may be confused about what to do for the best.

expenses-tax-relief-P87
Published on 19 December 2018
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Care workers can face some real challenges when it comes to understanding their minimum wage, tax and tax credit positions, as these can be very complex due to the nature of care work and the travel patterns involved. Our new factsheet gives an overview of some of the main issues and explains where to get further help.

Published on 18 December 2018
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With just over 100 days to go before it becomes compulsory for most VAT registered businesses to keep digital records and file their VAT returns via software, the Low Incomes Tax Reform Group (LITRG) is very concerned that HMRC are yet to publish detailed guidance to explain when someone might be able to claim exemption from the new rules and how they should do this.

Published on 17 December 2018
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LITRG are reminding people who have earned a small amount of income through self-employment, casual work, the sharing economy or from any property they own (such as renting out a driveway), that they may not need to inform HMRC or pay any tax on that income because of two new allowances, the Trading and Income Allowance (known as the 'Trading Allowance') and the Property Income Allowance.

Published on 14 December 2018
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With the introduction of ‘auto enrolment’, more and more people are saving towards a pension. Most – but not all – people get a government top up to their pension savings in the form of tax relief on their contributions. The way it is given differs depending on what kind of pension scheme you are in or whether you are in a salary sacrifice arrangement.

Published on 14 December 2018
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You may have recently seen a picture circulating on social media that claims to be of a fake HMRC letter. The post states that the phone number provided is a premium rate number and that HMRC has confirmed that it is a scam. We have checked this directly with HMRC and it is not a scam – it is, in fact, an official HMRC letter, the contents of which should not be ignored. 

Universal Credit (Claims and Payments) (Scotland) Regulations 2017
Published on 11 December 2018
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From 1 April 2018, certain tenants of non-residential or commercial leases in Scotland must submit a tax return – a lease review return – to Revenue Scotland, to ensure they have paid the correct amount of Land and Buildings Transaction Tax.

Published on 5 December 2018
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The Low Incomes Tax Reform Group (LITRG) welcomes the publication of a major new report by the House of Lords Economic Affairs Committee on HMRC powers and taxpayer safeguards, which supports a number of recommendations made by the group in written and oral evidence to the Committee.