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loan-charge
Published on 13 September 2018
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HMRC are taking action (the April 2019 ‘loan charge’) against certain loan arrangements (‘disguised remuneration’ schemes) that were designed to avoid tax, leaving many workers with potentially huge bills to pay. HMRC appreciate that not everyone entered into these arrangements knowingly to avoid tax.

Published on 13 September 2018
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In a case heard on 30 August, the UK Supreme Court has found that in refusing widowed parent’s allowance (WPA) to a survivor of an unmarried couple on the grounds that she was not married to her late partner, the legislation was incompatible with the European Convention on Human Rights (ECHR).

Published on 12 September 2018
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The Low Incomes Tax Reform Group (LITRG) comments on the launch of the Help to Save scheme today, which gives some tax credits or Universal Credit claimants the opportunity to earn a tax-free bonus of up to 50 per cent on amounts saved.

Partial surrenders of life policies ©Tadas_Zvinklys
Published on 12 September 2018
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UK taxpayers must declare historic foreign income and gains to HM Revenue & Customs (HMRC), where there might be outstanding UK tax to pay, before 30 September 2018 – this is known as the Requirement to Correct. From 1 October 2018, new, significantly higher penalties will apply to UK taxpayers who have failed to pay all the UK tax due on their foreign income and gains.

Carer’s Allowance – can deductible employment expenses help you qualify?
Published on 12 September 2018
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This week is Pension Awareness week (10 to 15 September 2018). It is easy to put off thinking about your pension but that could cost you a lot of money. Also pension scams are becoming more prevalent and you need to be vigilant to avoid these.

Published on 7 September 2018
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Following yesterday’s announcement by the government that it has abandoned its plans to abolish Class 2 National Insurance contributions (NIC) for the self-employed, campaigners have said the whole area of National Insurance needs a comprehensive review.

Published on 4 September 2018
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The Low Incomes Tax Reform Group (LITRG) is reminding people who work in the ‘gig economy’ that the 5 October self-assessment registration deadline is approaching fast. The advice is included in LITRG’s new tax factsheet for those working in the growing ‘gig economy’ sector.

Published on 3 September 2018
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The LITRG is reminding students who have been working over the summer to make sure they have not overpaid tax and, if they have, to claim a refund from HMRC.

Can-i-claim-working-tax-credit
Published on 24 August 2018
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We regularly receive queries via our website. We do not give advice, but we try to signpost sources of further information and support. Some of the replies might be useful to others, so occasionally we will post them anonymously as ‘question and answer’ news items. We have received a question recently on whether any tax relief is available for the motoring costs of getting to work.

Safer Internet Day 2017 – Don't get caught in the phishing net
Published on 23 August 2018
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The LITRG have become aware of a new telephone scam, purporting to be from the police telling the listener that HMRC have taken out a warrant for their arrest. The message then gives a warrant number and requests the listener to contact HMRC. Do not respond!