The Scottish Parliament has confirmed the rates and thresholds for Scottish income tax that will apply to the non-savings and non-dividend income of Scottish taxpayers from 6 April 2021.
HMRC carry out risk assessments on all repayment requests, including Self Assessment tax returns which result in a tax refund being due. Unfortunately, HMRC have found that some repayment requests are fraudulent. HMRC therefore issue letters to taxpayers where they think the repayment request may ...
We are pleased to publish our report ‘Labour Market Intermediaries: a technical report outlining how umbrella companies and other intermediaries operate in the labour market and the implications for workers who use them’.
The Low Incomes Tax Reform Group (LITRG) today publishes a new research report1 looking at the use of ‘umbrella’ companies and other labour market intermediaries in the UK. The factual and technical report also considers the nature and scale of disguised remuneration schemes. It is ...
The Low Incomes Tax Reform Group (LITRG) welcomes HMRC taking steps towards modernising the tax system with today’s publication of two calls for evidence.1 HMRC’s plans aim to capitalise on the opportunities presented by digital advances. This may be advantageous in many ways but LITRG ...
The Low Incomes Tax Reform Group (LITRG) welcomes today’s publication of HMRC’s discussion document Helping taxpayers get offshore tax right.1 The document recognises that taxpayers who have not correctly reported their offshore income and gains to HMRC might not have done so ...