Missed the Self Assessment deadline? Follow LITRG’s four steps
The Low Incomes Tax Reform Group (LITRG) is urging the estimated one million taxpayers who failed to file their tax return on time to get their tax affairs back on track.
The Low Incomes Tax Reform Group (LITRG) is urging the estimated one million taxpayers who failed to file their tax return on time to get their tax affairs back on track.
The CIOT and LITRG have responded to the Welsh Government consultation on Appropriate mechanisms for making changes to the Welsh Tax Acts.
Some self-employed taxpayers have been affected by an issue where their 2024/25 tax calculations wrongly included class 2 National Insurance. HMRC have now provided an update.
From April 2024 sole traders and partners in partnerships are being taxed on a tax year basis even if they prepare their accounts over a different period. This change is known as basis period reform (BPR).If you were affected by BPR this article explains why you may want to revisit your 2023/24 tax ...
The Low Incomes Tax Reform Group (LITRG) is reminding gig workers and side hustlers to check if they need to complete a self assessment tax return for the 2024/25 tax year and register with HMRC by the 5 October deadline if necessary.
If you live in England, Wales or Northern Ireland and you expect your income in the 2025/26 tax year to be more than £35,000, you have until 15 September 2025 to opt out of receiving this year’s winter fuel payment.