You can use your payslips to check that your pay is correct. But there are also many other reasons to look after your payslips. By ‘look after’, we mean make sure you are receiving them and can access them, that you check them carefully and that you keep them somewhere safe!
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 ...
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 ...
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.
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 ...
The Chartered Institute of Taxation’s Low Incomes Tax Reform Group (LITRG) has today published a new report to help HMRC improve the way it provides guidance to taxpayers.