When someone dies, if you are left in charge of sorting out their affairs, you will need to gather some information together. For instance, you need to know what their income and assets were and find out about any debts they owed. It can be hard to know where to start, so this article aims to help ...
On 20 July 2022, the government set out proposals to relax the capital gains tax rules when married couples and civil partners separate or divorce (or dissolve a civil partnership). We explain the proposed changes and what they could mean for married couples or civil partners who have recently ...
Following pressure from the Low Incomes Tax Reform Group (LITRG) to investigate the end-to end process used by Tax Credits Ltd, a tax refund company, to sign people up to its services, HMRC have announced they will now take steps to resolve the situation for affected taxpayers. LITRG welcome this ...
The Low Incomes Tax Reform Group (LITRG) is calling on the Government to review the high income child benefit charge as part of its planned review of how families are taxed.
The Low Incomes Tax Reform Group (LITRG) is warning that changes to off-payroll working rules announced today could result in more agency workers finding themselves working through single person limited companies.
Today the Government announced, in the Growth Plan 20221, that they intend to reduce the UK basic rate of income tax to 19% (from its current 20%) from April 2023. This is in addition to yesterday’s announcement that they will reduce national insurance contribution rates from 6 ...