Latest news

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. In this article, we explain how the new rules work, how to claim an exemption and key dates that you need to be aware of.

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. But here are four reasons why this may not cost you as much as you think.

Can-i-claim-working-tax-credit
Published on 8 March 2019
news

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 the National Insurance conditions related to Bereavement Support Payment.

Published on 7 March 2019
news

The Low Incomes Tax Reform Group (LITRG) is warning employers and affected employees that postgraduate loan repayments will start from next month (April). It is important that both parties understand whether there will be further deductions from payslips and, if so, that they are correct.

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.

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.

Published on 28 February 2019
submissions

The current 6 year delay in the roll out of universal credit (UC), along with numerous system changes and poor communication, has made the situation for claimants and

Salaried workers and salary sacrifice schemes: changing the National Minimum Wage rules
Published on 27 February 2019
submissions

Our response largely focuses on the part of the consultation looking at salary sacrifice, given the interactions that exist with a worker’s income tax and National Ins

Review on the taxation of trusts
Published on 26 February 2019
submissions

The LITRG are aware that many ordinary people are the beneficiaries of trusts over their lifetime and recommend that the taxation of both trusts and estates in adminis