A long-awaited pension contribution top-up for low earners may not reach most of those entitled to it, campaigners fear. The Low Incomes Tax Reform Group (LITRG) is writing to MPs1 ahead of a parliamentary debate on the measure to encourage them to strengthen the legislation and press the...
The Low Incomes Tax Reform Group (LITRG) is concerned that today’s drastic reduction in the annual amount of capital gains which would be free from capital gains tax (CGT) may go unnoticed by some unrepresented taxpayers, which could lead to higher rates of non-compliance.1 With HMRC figu...
Leading tax and accountancy professional bodies have come together to propose a series of actions ministers and officials should take if they are serious about delivering a simpler tax system....
We broadly welcome that clause 25 introduces ‘top-up payments’ for low earners contributing to net pay pension schemes who currently miss out on a government pension savings incentive. However, we are very concerned about anticipated low take-up of the payments by the population and about how these ...
The Scottish Parliament has approved the rates and thresholds for Scottish income tax that will apply to the non-savings and non-dividend income of Scottish taxpayers during the tax year 2023/24. ...
We are pleased to publish our latest report, looking at the importance of effective guidance for unrepresented taxpayers. ...