We believe that low-paid and vulnerable employees should be protected through effective state enforcement, but at this time we recommend that the Gangmasters Licensing and Abuse Authority’s powers be extended to take on the role of enforcing holiday pay and umbrella companies, rather than the creati...
The LITRG has responded to the Financial Conduct Authority’s (FCA) proposed guidance for firms on the fair treatment of vulnerable customers and points out the guidance should be clear that lack of knowledge or capability when it comes to dealing with tax and welfare benefits is a key driver of vuln...
LITRG's main concern regarding the off-payroll legislation was that business-to-consumer arrangements should be placed outside of the scope of the new rules. It appears that such a carve out has been drafted, which we welcome, although we are not clear why the exemption is framed as it is. We a...
LITRG has responded to the government’s publication of the draft legislation for changes to capital gains tax (CGT) private residence relief (PRR) from April 2020, including the reduction of the final period exemption from 18 to 9 months. Our submission focusses on the impact of the final period exe...
LITRG highlighted the risks and complexity facing Scottish claimants of welfare benefits, with a particular focus on universal credit. These arise in part because, although universal credit is reserved to the UK Parliament, there are interactions with income tax, which is partially devolved to Scotl...
The Money and Pensions Service (aka the single financial guidance body) is bringing together the Money Advice Service, Pension Wise and The Pensions Advisory Service. They are asking stakeholders to feed in their hopes and aspirations for the new body and to help shape its strategy. LITRG’s...