The Low Incomes Tax Reform Group (LITRG) is pleased to have the opportunity to make a budget representation 2024 in relation to the gig economy and OECD online platform reporting rules.
LITRG has responded to the Office for Tax Simplification’s (OTS) second report on the Business Life Cycle, where we focus on the areas we consider affect small, unrepresented businesses which generally have low-profit margins. As part of our response we raise concerns that HMRC’s communications ...
Attached are the submissions produced by LITRG on the current Finance Bill. The documents cover: Money Purchase Annual Allowance (clause 7); Trading and property allowances (clause 17); Making Tax Digital (clauses 60-62); Partial closure notices (clause 63); and Errors in taxpayer documents (clause ...
LITRG cautiously welcomes the introduction of these new rules, as the option to use a simplified accounting basis may be helpful to landlords with the introduction of Making Tax Digital, provided it is not too complex to understand, detailed guidance is available to assist unrepresented landlords ...
We welcome the opportunity to contribute to a discussion into the levels of public confidence and trust in the capability of HMRC to collect tax fairly and effectively. In our response, we highlight that our experiences show that many low-income taxpayers find it hard to trust HMRC. Particularly ...
LITRG has submitted a response to the Public Accounts Committee inquiry into HMRC customer service.