This is the first time we have responded to one of their annual consultations, but this year, we thought there were some areas of questioning that we could usefully comment on, including the minimum wage post 2020 and on enforcement and compliance issues. In our response to the LPC’s questions ...
LITRG highlight the problem that some claimants seem to think that the Bereavement Support Payment (BSP) is reckonable as income for tax credits. If people are incorrectly declaring it as income, then this could be reducing their tax credits award unnecessarily, at a time when every penny counts. ...
In the consultation document it is confirmed that planned extension of the off-payroll working rules to the private sector from April 2020 will not apply to small businesses in the private sector that engage with off-payroll workers. In our response we welcome this, however go on to say that is not ...
LITRG has raised concerns to the government over the impact of its proposals to restrict private residence relief for capital gains tax from April 2020. Among other changes, the government wishes to halve the final exemption period (again) from 18 months to 9 months, and restrict the availability ...
The LITRG welcomes the opportunity to follow-up to our participation in a Roundtable Discussion by responding to the Scottish Government’s discussion paper on income tax, which has helped open up debate on the use of Scotland’s income tax powers.
In our Budget 2018 representation, we tell the Government that the type of scheme pension savers are in should not affect the tax relief they receive and put forward a practical and feasible solution as to how the net pay ‘problem’ can be overcome. It would require a clause in the Finance Bill ...