LITRG is an initiative of the Chartered Institute of Taxation, which is an educational charity. Since 1998, LITRG has been working to improve the policy and processes of the tax, and associated welfare systems, for the benefit of those who are least able to pay for professional advice.We are not ...

The tax credits system closed on 5 April 2025, so no tax credit awards will continue after that date. Most people will have been invited to claim either universal credit or pension credit. Some people may still need to finalise their 2024/25 tax credit claim after 6 April 2025 and this page ...

We are aware that some people are still receiving loan demands from certain companies asking them to repay loans which they have already settled the tax on or paid the loan charge to HMRC. We have been monitoring the situation since the publication of our original FAQs on this issue in May 2021. ...

The loan charge situation continues to rumble on, with many people still trying to deal with difficult, ongoing issues. Here we offer some information and support to four different groups of people we have identified, who may have outstanding loan charge issues to resolve.

If you have been involved in a loan scheme and receive either a letter from an organisation (or their solicitors) purporting to now own your loan, or a Statutory Demand for payment – do NOT ignore it. We suggest that ...

The date of 30 September 2020 was the deadline by which those affected by the loan charge (who did not agree a settlement with HMRC), had to report the loan charge on a 2018/19 tax return and pay the tax due (or arrange a payment plan). HMRC are now issuing penalties to those that did not file a ...