Latest news

Self-employment guide
Published on 15 May 2019
news

LITRG has published a detailed guide called ‘Self-employment – A LITRG guide’ to supplement existing material in the self-employment secti

Scottish income tax rates and thresholds confirmed for 2019/20
Published on 10 April 2019
news

The Scottish parliament has confirmed the rates and thresholds for income tax that will apply to the non-savings and non-dividend income of Scottish taxpayers from 6 April 2019.

Welsh income tax begins
Published on 8 April 2019
news

From 6 April 2019, income tax is partially devolved from the UK government to the Welsh government. Welsh income tax is not a separate tax.

Published on 8 April 2019
news

The Low Incomes Tax Reform Group (LITRG) is reminding couples that they have until this time next year (5 April 2020) to claim marriage allowance refunds dating back to the first tax year of the al

information-pension-pay
Published on 5 April 2019
news

There are 53 Fridays in the 2018/19 tax year, rather than 52. If you are paid on Friday 5th April and will earn more than £11,850 in 2018/19, then you are likely to encounter a ‘week 53’ issue.

late-filing-penalties-SA-returns
Published on 3 April 2019
news

HM Revenue & Customs (HMRC) had delayed issuing penalty notices to those who failed to file their Self Assessment (SA) tax return for the 2017/18 tax year by the usual online filing date of 31

Published on 29 March 2019
news

Following the release of a report from HM Treasury on time limits in the tax system, it is now virtually certain that the loan charge will come in, as planned, in a week’s time.

Retirement Outcome review
Published on 27 March 2019
submissions

LITRG has responded to the FCA’s Review pointing out that it is essential for people to be provided with clear guidance, in a consistent format and at the right time.

Making Tax Digital for VAT – are you ready?
Published on 15 March 2019
news

HMRC have recently written to all VAT registered traders to tell them about their new ‘Making Tax Digital for VAT’ (MTD for VAT) programme which is about to be introduced.

Published on 15 March 2019
news

If you have been automatically enrolled into a workplace pension, from 6 April you will probably have to pay more into your pension pot.