From today, 16 February 2024, HMRC is making cost of living payments to eligible tax credit claimants. The payments will be made between 16 and 22 February 2024.
Under the Tipping Act, the government must introduce a new code of practice to help ensure that employers are distributing tips fairly and transparently. The government is inviting feedback to ensure this code is as helpful as possible.
Today, 9 February 2024, HMRC will be sending a text message to eligible tax credit claimants reminding them of the payment dates for the next cost of living payment.
The noise about ‘side hustle tax’ is showing no signs of dying down and we are still seeing incorrect information circulating online about the tax position of people selling items via online platforms. We previously published a flowchart trying to provide clarity on the rules. In this, our ...
LITRG submitted a response to the Public Accounts Committee inquiry into HMRC’s 2022-23 Standard Report.
The Low Incomes Tax Reform Group has reassured those selling goods and services online that they won’t be subject to a new “side hustle tax”, despite information online in the past few days suggesting otherwise.