The Chartered Institute of Taxation (CIOT) and the Low Incomes Tax Reform Group (LITRG) submitted a joint response to the HM Revenue and Customs (HMRC) and HM Treasury consultation on proposals to extend current online marketplace VAT liability rules to sales on Online Marketplaces by UK based ...
The Low Incomes Tax Reform Group (LITRG), an initiative of the Chartered Institute of Taxation, has warned that an HMRC proposal to make it easier to prosecute taxpayers could have a detrimental impact on low-income unrepresented taxpayers.
LITRG has responded to the Department for Business and Trade’s consultation on Make Work Pay: ending one-sided flexibility, reforms of zero hours and similar contracts.
The Chartered Institute of Taxation (CIOT) and the Low Incomes Tax Reform Group (LITRG) submitted a joint response to the Scottish Government consultation on the proposed rates for two new Council Tax bands for high-value residential properties in Scotland, commonly referred to as a “Mansion Tax”.
The Low Incomes Tax Reform Group (LITRG) has responded to a technical consultation on draft legislation, draft notices and guidance in respect of a measure to improve the quality and consistency of data HMRC receive on interest income.
If you are self-employed or a partner in a partnership, then you must keep adequate records of your business income and expenses in order to prepare an accurate accounts for your annual tax return. This page explains what business records are and how long you need to keep them.If you must follow ...