LITRG have responded to DWP’s recent informal general review of universal credit. LITRG’s main focus concerning universal credit is where there are interactions with tax rules and the tax system and in looking at the treatment and impacts of income in the universal credit system, in particular ...
Clause 10 extends the freeze of the personal allowance and basic rate income tax band for a further three years until 2030/31. Our briefing raises concerns about the impact of the freeze on people with low incomes, who face a real reduction in their net disposable income.
The CIOT and LITRG have responded to the Welsh Government consultation on Appropriate mechanisms for making changes to the Welsh Tax Acts.
In advance of the 2025 Autumn Budget, LITRG have made a submission to HM Treasury recommending the operation of Pay As You Earn (PAYE) on the state pension.
LITRG have responded to HMRC’s consultation on the draft regulations for Making Tax Digital for Income Tax published in July. These regulations will eventually replace the regulations from 2021 and 2024.
The government is taking steps to reform HMRC’s bulk data gathering powers and safeguards. The draft Finance Bill legislation focuses on improvements to the reporting of financial account information and card sales data. The aim of the reforms is to ensure HMRC receive the right data, of the right ...