Latest news

Published on 8 May 2007
news

Pensioners who have deferred their State Pension in order to receive a lump sum will have some serious thinking to do after the tax changes announced in the Budget. It was thought that pensioners of 65 or over could not be worse off than in the current tax year by the Chancellor raising allowances from April 2008 whilst removing the 10% lower rate tax band. This is not so.

 

Published on 18 April 2007
submissions

In our submission LITRG focused on the effect on delivery of tax credits as this major issue encapsulates the observations we particularly wanted to make to the sub-co

Published on 18 April 2007
news

In an unprecedented move HMRC has announced a deal for people who have offshore bank accounts and who may not have disclosed everything that they ought to the tax authorities. Rather less publicity has been given to a parallel deal for anybody with something to confess to the tax authorities not connected to offshore accounts (the “onshore deal”).

Published on 17 April 2007
news

In November 2006 the rules about what changes of circumstances you must report to the Tax Credit Office changed. From 6th April 2007 the time limit for reporting these changes has reduced from 3 months to 1 month.

Published on 10 April 2007
submissions

In this submission we analyse certain areas where a greater co-operation or co-ordination between HMRC and the DWP would greatly improve the experiences of the common

Published on 27 March 2007
submissions

LITRG comments on the draft clauses on administration of taxes and the consultative document ‘Developing a new management act’

Published on 27 March 2007
submissions

LITRG's response to HMRC consultative document - A new approach to penalties for incorrect tax returns (December 2006)

Published on 22 March 2007
news

Yesterday’s Budget may help some, including low-income families, who are caught by a little-known rule designed to counter inheritance tax avoidance, but which can also catch ordinary family arrangements entered into with no thought of escaping tax.

Published on 22 March 2007
news

We welcome many of the recommendations of the Lyons Inquiry into Local Government presented yesterday which are intended to lower the council tax burden for people on low incomes.

Published on 22 March 2007
news

Yesterday’s Budget may help some, including low-income families, who are caught by a little-known rule designed to counter inheritance tax avoidance, but which can also catch ordinary family arrangements entered into with no thought of escaping tax.