Skip to main content
Review on the taxation of trusts
Updated on 26 February 2019

The Taxation of Trusts: A Review

The LITRG are aware that many ordinary people are the beneficiaries of trusts over their lifetime and recommend that the taxation of both trusts and estates in administration are simplified to help those on low incomes or who are otherwise vulnerable.

Working out your tax
Updated on 5 February 2019

Amendments to tax returns – call for evidence

Our submission highlights that low-income taxpayers need to make amendments to tax returns for various reasons, but at the root of almost all cases is a failure to understand or be able to cope with the tax system, a problem often perpetuated over several years. Many low-income taxpayers are likely ...

debt-HMRC-tax-credits-repayment
Updated on 30 January 2019

Breathing Space scheme

The LITRG supports the Government in taking forward its 2017 manifesto commitment to implement a breathing space scheme and statutory debt repayment plan. We believe that it is right for tax and tax credit debts to fall within the scope of both proposed debt solutions. However, even at this stage ...

pension-dashboard-LITRG-consultation
Updated on 30 January 2019

Pensions Dashboards – Working together for the consumer

The LITRG believes the development of a pensions dashboard is essential given the likely increase in people having fragmented pension savings, particularly for those on low incomes. A single, government-overseen, free-to-access dashboard, providing up-to-date information, would help people ...

A young person holding hands with an older person. ©istock/PeopleImages
Updated on 12 September 2022

Consumers’ access to financial services

The LITRG comments on this Treasury Committee call for evidence in relation to the tax and related state benefits issues that might affect vulnerable or low-income taxpayers, in particular to the proposed definition of vulnerable customers. It is vital that frontline advisers are able to understand ...

Back to top