Call for evidence on voluntary National Insurance contributions – LITRG response
The CIOT’s Low Incomes Tax Reform Group (LITRG) has responded to HMRC’s call for evidence on voluntary National Insurance contributions (NICs).
The CIOT’s Low Incomes Tax Reform Group (LITRG) has responded to HMRC’s call for evidence on voluntary National Insurance contributions (NICs).
Many people assume that a Self Assessment tax return is only required if tax is due. However, this is a common misunderstanding that can lead to unexpected penalties from HMRC. In this article, we look at when a tax return may be required and what to do if you have failed to report income ...
If you’ve recently received a notification from HMRC telling you to complete a Self Assessment tax return for the 2024/25 tax year, it may be due to the level of your savings income. We understand HMRC have used information they receive from banks and building societies to identify people who they ...
Criminals have become very good at copying HMRC’s branding, using official-sounding language and even including fake reference numbers, and it can be hard to know what’s real and what isn’t. It is important that you stay safe from scammers – but it is also important not to ignore genuine ...
The National Insurance replacement credits service is intended to help certain parents and carers fill gaps in their National Insurance record. This service was due to launch in April 2026, however, it is now not expected to be available until April 2027. HMRC have provided an update for those ...
This week is the first ever Tax Awareness Week from the Chartered Institute of Taxation and Association of Taxation Technicians. To mark this, we are sharing a summary of the resources available on the LITRG website that can help people understand their tax obligations.