Public Accounts Committee inquiry: HMRC standard report 2022-23
LITRG submitted a response to the Public Accounts Committee inquiry into HMRC’s 2022-23 Standard Report.
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.
The Low Incomes Tax Reform Group (LITRG) has responded to the news1 that between 11 December and 31 January, HMRC’s self assessment helpline will focus only on ‘priority queries’, with other enquiries directed online.
Whilst welcoming yesterday’s announcement that the national living wage will increase to £11.44, the Low Incomes Tax Reform Group (LITRG) are highlighting that some self-employed universal credit claimants may be negatively impacted by the rate increase - even though they are not entitled to it.
In yesterday’s Autumn Statement, Chancellor Jeremy Hunt announced that Class 2 National Insurance Contributions (NIC) – normally paid by self-employed individuals – would be ‘abolished’ from next April.1 However the Low Incomes Tax Reform Group (LITRG) notes that this change does not ...
The Low Incomes Tax Reform Group (LITRG) are warning people on lower incomes of the potential risks when answering an advert to become a director of a company in exchange for a fee.