1. Home
  2. Latest News
  3. News

News

RSS

Press Release: Concern at short window to claim exemption from Making Tax Digital

Published on 28 February 2019
news

The Low Incomes Tax Reform Group (LITRG) is warning VAT registered individuals and businesses they have little time to apply for an exemption from the new digital VAT requirements which begins for some on 1 April 2019. The call comes as HMRC have just issued guidance explaining how people can claim exemption from these new Making Tax Digital for VAT (MTD) requirements.

Read more »

Press Release: Holiday pay campaign is welcome but concerns remain about enforcement

Published on 28 February 2019
news

The Low Incomes Tax Reform Group (LITRG) welcomes the launch of DBEIS’ campaign to raise awareness of holiday pay, and reduce the number of underpaid workers. But LITRG cautions that, to really make a difference, action is needed to close the enforcement ‘gap’ in respect of holiday pay and to deal with the problem of false self-employment.

Read more »
Penalties for late filing tax returns

Double check you filed your online tax return

Published on 26 February 2019
news

If you have not filed your tax return for 2017/18 by now, it is likely to be late. The deadline for filing it online was 31 January 2019. HMRC would normally be issuing £100 late filing penalty notices in February, but this year these could be delayed until the end of April.

Read more »

Universal credit payment problems – could HMRC hold the key?

Published on 25 February 2019
news

The recent universal credit High Court decision that DWP’s method of assessing earned income under universal credit is unlawful, is an important one. But for at least one of the people affected, HMRC’s on or before reporting exception for non-banking days, meant things probably didn’t need to get that far.

Read more »
HMRC-money-overseas

LITRG publishes guidance on overseas pensions

Published on 21 February 2019
news

LITRG has published new guidance on the UK taxation of overseas pensions, which includes how to work out whether or not an overseas pension is taxable in the UK and whether or not it is reportable to HM Revenue & Customs (HMRC). 

Read more »
Loan Charge Decision Day

Loan charge – decision day looms

Published on 15 February 2019
news

HMRC recently announced that anyone with income under £30,000 coming forward to settle outstanding liabilities will now be offered up to seven years to pay, no questions asked. This may encourage more low-income workers to take the final step and contact HMRC.

Read more »
©shutterstock/wavebreakmedia

Are you hiring someone? LITRG’s factsheet can help you understand your tax obligations!

Published on 6 February 2019
news

LITRG have developed a detailed factsheet for people hiring someone to work for them. This looks at employment status – that is, whether an individual you hire is employed or self-employed for tax purposes.

Read more »
Stronger regulation for HMRC call connection services

Stronger regulation for HMRC call connection services – but people need to remain vigilant

Published on 1 February 2019
news

From 16 January 2019, call connection services operating on 084 numbers are subject to greater regulation, under the watchful eye of the Phone-paid Services Authority. Although this is a very welcome development, it will not stop people getting caught out, so callers still need to take great care.

Read more »

Press Release: Taxpayers reminded of right to contest late filing penalties

Published on 1 February 2019
news

The Low Incomes Tax Reform Group (LITRG) is reminding people of their right, in certain circumstances, to contest penalties given by HMRC for missing the Self Assessment tax return deadline of 31 January 2019.

Read more »

Received a message from HMRC saying you have a refund? It is a scam!

Published on 24 January 2019
news

There are only 8 days until the Self Assessment tax return deadline, so the last thing you need is to fall victim to online fraudsters claiming to be from HMRC. If you receive an email or text offering a tax refund from HMRC, DO NOT DO ANYTHING WITH IT. It is a scam! Watch our video on how to identify such a message and what to do next.

Read more »

Share this.

Page actions