Budget Representation 2020: High Income Child Benefit Charge (HICBC)
In our Budget 2020 representation, we highlight a number of issues relating to the High Income Child Benefit Charge.
In our Budget 2020 representation, we highlight a number of issues relating to the High Income Child Benefit Charge.
LITRG has responded to the Office of Tax Simplification’s call for evidence into making tax easier through smarter use of third party data.
We are pleased to publish our report ‘Labour Market Intermediaries: a technical report outlining how umbrella companies and other intermediaries operate in the labour market and the implications for workers who use them’.
In the next step along the ‘Making Tax Digital’ path, HMRC are considering what Making Tax Digital for Corporation Tax should look like in their consultation document published in November 2020
LITRG has responded to the FCA’s Review pointing out that it is essential for people to be provided with clear guidance, in a consistent format and at the right time. We therefore welcome the proposal by the FCA to mandate both the use of standard wording and the timing of information being ...
The date of 30 September 2020 was the deadline by which those affected by the loan charge (who did not agree a settlement with HMRC), had to report the loan charge on a 2018/19 tax return and pay the tax due (or arrange a payment plan). HMRC are now issuing penalties to those that did not file a ...