Updated on 22 February 2022
Call for evidence: Umbrella company market
LITRG has responded to the call for evidence here.
Updated on 21 February 2022
ISA Compliance and Penalties
LITRG has responded to HMRC’s call for evidence on Individual Savings Accounts: Compliance and Penalties.
Updated on 18 January 2023
Discovery assessments: Finance Bill briefing
Following the October 2021 Budget, the Finance (No. 2) Bill was published. LITRG has provided written evidence on the measure which changes when HMRC can issue a ‘discovery assessment’ (a way of collecting unpaid tax).
Updated on 16 December 2021
House of Lords Committee – Basis Period Reform
In October 2021, LITRG submitted evidence to the House of Lords Economic Affairs Committee Finance Bill Inquiry.
Updated on 10 December 2021
Finance Bill representation: Normal minimum pension age
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 ...
Updated on 23 November 2021
Draft Finance Bill 2021-22 – Abolition of Basis Periods
LITRG has commented on draft legislation removing the existing rules on basis periods.