The normal minimum pension age is the earliest point at which most people can access their pensions without incurring an unauthorised payment tax charge. However, there are exceptions for those who have a protected pension age or who take their pension due to serious ill-health. ...
HMRC have published a new video explaining the help they can offer if you cannot afford to pay your tax bill. They have also published other videos and guidance to help if you are going through a compliance check. ...
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. ...
LITRG has responded to the Office of Tax Simplification’s call for evidence into making tax easier through smarter use of third party data. ...
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 no...
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 intend...