The CIOT’s Low Incomes Tax Reform Group (LITRG) has published new information to support those impacted by the government’s new Low Earner’s Pension Payment (LEPP).
Making Tax Digital for income tax is a new way of reporting and recording income and expenses if you are self-employed and/or receive property income, and for completing your annual tax return. You need to begin following the new rules once your gross income (sometimes called qualifying income) is ...
If you want to work or claim benefits in the UK, you must have a National Insurance number. On this page we explain what a National Insurance number is, where to get one and what to do if you lose or forget it.
On this page we briefly explain what devolution is. We also explain which tax powers are devolved in each of Scotland, Wales and Northern Ireland.
Not everyone is required to follow the new Making Tax Digital for income tax rules, even if their gross income exceeds one of the Making Tax Digital thresholds. There are various exemptions and deferrals that apply, and we explain these below.
The Low Incomes Tax Reform Group (LITRG), an initiative of the Chartered Institute of Taxation, has warned that an HMRC proposal to make it easier to prosecute taxpayers could have a detrimental impact on low-income unrepresented taxpayers.