The Low Incomes Tax Reform Group (LITRG) has written to the Financial Secretary to the Treasury (FST) suggesting improvements to the government's proposals to make ‘top-up payments’ to low-income pension savers who currently miss out on government retirement savings incentives....
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 an...
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 Novem...
The Low Incomes Tax Reform Group (LITRG) is reminding trustees that most trust arrangements need registering with HMRC’s Trust Registration Service (TRS) by 1 September 2022.1 LITRG is concerned that this could catch people out, especially as a trust can exist without those involved reali...