The normal minimum pension age is the earliest point at which most people can access their pensions without incurring an unauthorised payment tax charge. It is currently set at age 55 and this legislation will increase it to 57 with effect from 6 April 2028. There are exceptions for those who have ...

LITRG has commented on draft legislation removing the existing rules on basis periods.

LITRG has provided comment on the draft regulations for the new tax checks which are to apply in England and Wales from 4 April 2022 for certain licence holders, including taxi drivers and scrap metal dealers.

The CIOT and LITRG have submitted a joint response to the Scottish Government’s consultation: this sought views on the Scottish Government’s overall approach to tax policy, Scotland’s first Framework for Tax and how the Scottish Government should use its devolved and local tax powers as part of the ...

The Low Incomes Tax Reform Group are pleased to respond to this consultation which sets out the details of the new OECD rules and seeks views on the UK’s proposed implementation of the rules, including the optional/discretionary elements.

The Low Incomes Tax Reform Group (LITRG) is pleased to have the opportunity to make a Budget Representation 2021 in relation to the loan charge.