The Low Incomes Tax Reform Group (LITRG) welcome today’s announcement that the introduction of HMRC’s flagship Making Tax Digital for Income Tax policy will be further delayed by another two years at least. LITRG are also pleased that the government have listened to their concerns about mandating th...
Taxpayers are being warned not to be caught out by expensive ‘call connection services’ when trying to contact HM Revenue and Customs (HMRC) telephone helplines. Some taxpayers inadvertently using these services have found themselves landed with a bill of more than £100 for a single call....
HMRC are now automatically signing up VAT-registered businesses to its new Making Tax Digital (MTD) for VAT programme. These are businesses which should have enrolled into MTD already.1 Under MTD, businesses need to keep their VAT records digitally if they do not already do so and fi...
Salary advance schemes have been with us for some years, with numerous companies now promoting them through all areas of the labour market. HMRC have now confirmed what LITRG have been concerned about – that they are not compliant with current tax law. HMRC plan to introduce changes to legislation t...
Whilst welcoming today’s announcement that benefits, including universal credit, will rise by 10.1% from April 2023, LITRG are highlighting that some self-employed universal credit claimants may not see the full value of the rise. This is because the artificial minimum income floor that is applied t...
Today’s announcement that the National Living Wage rate will increase by 9.7% from 1 April 2023 will be of benefit to some workers, but LITRG are concerned some employers may try to avoid these extra costs by turning to the ‘false self-employment’ of workers, the effects of which can be detrimental ...