The Chartered Institute of Taxation’s Low Incomes Tax Reform Group (LITRG) has today published a new report to help HMRC improve the way it provides guidance to taxpayers.
The Low Incomes Tax Reform Group (LITRG) has welcomed the confirmation in today’s Budget that it will render void assignments of income tax repayments with effect from today (15 March 2023)1.The measure helps to address concerns raised by LITRG about the unacceptable behaviour of some ...
The Low Incomes Tax Reform Group (LITRG) has welcomed the announcement in today’s Budget1 that the Money Purchase Annual Allowance (MPAA) will increase from £4,000 to £10,000 a year from 6 April 2023. But LITRG is warning savers that they still need to notify their pension providers if ...
The Low Incomes Tax Reform Group (LITRG) welcomes today’s announcement regarding the Help to Save savings scheme, extending it for 18 months.1 The account is available to certain benefit claimants and pays a tax-free bonus of up to 50% of the amount saved. Eligible individuals may ...
LITRG responded to the Education Committee’s inquiry into support for childcare and the early years. LITRG’s submission focuses on the interactions between the various childcare schemes and the provision of guidance and information about childcare support.
LITRG have responded to a BEIS consultation on proposals to pro-rata holiday entitlement for part-year and irregular hours workers based on the annual hours they work.