Press release

The Low Incomes Tax Reform Group (LITRG) is calling on MPs to give tax more prominence in the school national curriculum....

Many self-employed, and partners in partnerships, claimed the fourth and fifth Self-Employment Income Support Scheme (SEISS) grants during the last tax year.¹ LITRG is reminding SEISS claimants that these grant payments are taxable income and need to be included on their 2021/22 Self Asse...

LITRG is warning taxpayers who have not yet paid or agreed a payment plan with HMRC for their 2020/21 Self Assessment tax liability that they only have a week left to avoid a penalty. If any of the 2020/21 liability remains outstanding on 2 April 2022, taxpayers will be charged a penalty of five per...

The Low Incomes Tax Reform Group (LITRG) broadly welcomes today’s announcement¹ in the Spring Statement that the government will align the starting point for paying² class 1 employee and class 4 self-employed National Insurance ...

The Low Incomes Tax Reform Group (LITRG) welcomes the changes to National Insurance for the self-employed announced in today’s Spring Statement. The threshold for paying both Class 2 and Class 4 National Insurance contributions (NIC) will be fully aligned with the threshold for paying income tax fro...

Release: Immediate: Monday 21 February 2022The Low Incomes Tax Reform Group (LITRG) is reminding taxpayers that they have only a week to file their 2020/21 tax return online to avoid an automatic £100 late filing penalty. LITRG also highlights that any tax owed for 2020/21 should be paid, ...