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self employed writing in a book in a colourful office
Published on 3 August 2020
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In the current economic climate, more people may be thinking of starting their own business as a means of making some extra cash, either as a primary or secondary source of income. Below we set out our top 10 tips for keeping on top of the tax and National Insurance aspects of self-employment.

Illustration of a hand holding a sign saying tax credits renewal
Published on 29 July 2020
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The tax credits renewals deadline is 31 July 2020 and if you need to contact HMRC either to complete your renewal or to notify them about any changes or corrections, about your income or circumstances, you must do so by close of play 31 July.

Image of blocks spelling self and employed
Published on 28 July 2020
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Some people may be in 'false self-employment' – that is, being treated as self-employed when they are not. A court has recently ruled that a ‘self-employed’ hairdresser was actually an employee. If you think you may be in false self-employment, read on to find out more and what to do.

Published on 22 July 2020
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HMRC has announced1 that, from April 2023, self-employed businesses and landlords with turnover above £10,000 per year will be required to keep digital records and submit income tax updates every three months instead of filing annual self-assessment tax returns.

Published on 22 July 2020
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HMRC has released an ambitious ten year plan for modernising the tax system1, capitalising on the opportunities provided by technological advancement. The Low Incomes Tax Reform Group (LITRG) broadly welcomes the direction of travel, but urges HMRC to ensure that no-one is left behind in the move to an ever more digital system.

Published on 21 July 2020
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The Low Incomes Tax Reform Group (LITRG) welcomes today’s Public Accounts Committee report on the management of tax reliefs1 which highlights an issue affecting a significant number of low-paid workers who miss out on tax relief on their pension contributions.2

Image of miniature shopping trolley with a job retention scheme tag inside
Published on 20 July 2020
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If you have been instructed by your employer to cease all work, and your period of inactivity lasted for at least 21 days, then it is our understanding that if this was done with your agreement, it may be possible for this to be considered as a furlough period for the purposes of your employer claiming a Job Retention Scheme grant for you. This article explains the detail.

Illustration of people around a laptop computer
Published on 17 July 2020
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If you have been affected by the coronavirus, HM Revenue & Customs (HMRC) have relaxed their time limits for you to challenge decisions made by them, including appealing against penalty assessments. So dig out those letters from the taxman that you were trying to ignore – and take action. 

LITRG Guide to self-employment cover
Published on 15 July 2020
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Last year, LITRG published a guide to self-employment to provide additional material for self-employed individuals and voluntary sector advisers who help the low-income self-employed. The guide has proved popular, being downloaded over 85,000 times by LITRG website users and has received positive feedback.

Image of HM Revenue & Customs building
Published on 14 July 2020
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HMRC has lost a recent case at the First Tier Tribunal (FTT) in which they attempted to make backdated assessments of high income child benefit charge on a PAYE taxpayer. In the circumstances, HMRC were found to lack the necessary legal mechanism to make the assessment.