The Low Incomes Tax Reform Group (LITRG) is reminding taxpayers that they have only days to file their 2019/20 tax return online and avoid an automatic £100 late filing penalty. LITRG also advises that any tax owed for 2019/20 should be paid, or a payment plan set up, on or before 1 April 2021 to av...
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 ret...
If you are self-employed and need to claim certain benefits, such as contributory Employment and Support Allowance, you may need to have paid Class 2 National Insurance contributions for 2019/20 before your claim can be processed. HMRC have published guidance for those who pay these contributions af...
(8-14 February 2021)While it may not be possible to gather in large numbers this year, nevertheless the success of UK apprenticeships is something to celebrate. It’s not only young people who start apprenticeships – now many older people do apprenticeships too....
LITRG welcomes today’s long-awaited publication of the Evaluation of HMRC’s implementation of powers, obligations and safeguards, which comes after a long period of constructive engagement with LITRG and other stakeholders. LITRG has provided HMRC with feedback on the use of several powers...
The Low Incomes Tax Reform Group (LITRG) is calling on HMRC to pause any further action against taxpayers yet to meet their loan charge obligations. LITRG said this will take account of people on low incomes who remain unaware that they were placed in loan arrangements. Such a pause will enable HMRC...