2020 news

Image of a calendar showing 9 December
Published on 15 October 2020

As a consequence of the Morse review, taxpayers with pre 9 December 2010 loans will not have been affected by the recent 30 September 2020 loan charge deadline.

Image of a miniature shopping trolley with a job retention scheme tag inside
Published on 14 October 2020

Employers need to address any Job Retention Scheme (JRS) claims on a timely basis and should proceed carefully if they are thinking about trying to recover any amounts

Image of a piggy bank and the words help to save
Published on 13 October 2020

Help-to-Save is a government initiative to help those on lower incomes to save for the future. Regular saving is rewarded with bonuses.

Image of a man writing pension... loading in a notebook
Published on 13 October 2020

As the Government’s call for evidence on pensions tax relief administration1 closes this week, the Low Incomes Tax Reform G

Image of scattered coins and paper with coronavirus written on it
Published on 5 October 2020

The coronavirus (COVID-19) pandemic has resulted in an unprecedented jobs and income situation.

self employed writing in a book in a colourful office
Published on 2 October 2020

On 24 September, the government announced that the Self-Employment Income Support Scheme (SEISS) would be extended again.

Published on 28 September 2020

LITRG is urging those affected by the loan charge not to leave it until the last minute to try and arrange a payment plan.

Image of a calendar highlighting 31 July
Published on 24 September 2020

If you have not yet paid (‘deferred’) your Self Assessment second payment on account for 2019/20, HMRC may automatically allocate payments made after 31 July 2020 agai

Image of a calendar with 30 September circled
Published on 23 September 2020

The Low Incomes Tax Reform Group (LITRG) is warning people that they have until next Wednesday (30) to meet their loan charge reporting and payment obligations.

Image of a calendar and notepad with the words furlough and redundancy written down
Published on 22 September 2020

We regularly receive queries via our website. We do not give advice, but we try to signpost sources of further information and support.

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