The Chartered Institute Of Taxation’s Low Incomes Tax Reform Group (LITRG) has welcomed the government’s new Pension Tax Allowance for state pensioners but has warned that it may present complexity for some taxpayers.
The Low Incomes Tax Reform Group (LITRG) of the Chartered Institute of Taxation has welcomed the publication in today’s Budget documents that taxpayers joining Making Tax Digital (MTD) for Income Tax from April 2027 will benefit from a temporary easement from late submission penalties during their ...
HMRC have announced that additional support will be available on Saturday 7 November 2026, which is the deadline for submitting the second Making Tax Digital (MTD) quarterly update for 2026/27. The helpline is not usually open on Saturdays.
The Low Incomes Tax Reform Group (LITRG) has responded to the call for evidence published by the Finance Bill Sub-Committee on the draft Finance Bill 2026-27. Our response focuses on the questions concerning the modernisation of the correction of errors and a proposed offence for reckless untrue ...
The Low Incomes Tax Reform Group (LITRG), part of the Chartered Institute of Taxation, has warned that unrepresented taxpayers face a minefield when it comes to choosing the software they need to comply with Making Tax Digital for Income Tax (MTD). LITRG has called on HMRC to enhance its software ...
If you don’t comply with a tax obligation, HM Revenue & Customs (HMRC) might charge you a penalty. Also, if you are late in paying tax (or a penalty), HMRC will charge interest on the outstanding amount.