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Latest updates

A desk with a folder on top, the folder is named 'GRANTS'.
Published on 16 July 2021

Guidance on the new fifth SEISS grant

From late July, eligible self-employed individuals or partners in partnerships will be able to claim the fifth Self-Employment Income Support Scheme (SEISS) Grant.

stacks of coins and a clock
Published on 13 July 2021

Call for evidence: Timely payment

LITRG welcome the opportunity to respond to the Timely Payment call for evidence. This call for evidence is the start of a conversation about the benefits and challenges of the current tax payment timings and for moving to more frequent, in-year tax calculation and payment. This is part of the ...

a post it note with the words 'KEEP IT SIMPLE' written in black pen.
Published on 13 July 2021

Call for evidence: Tax Administration Framework Review

LITRG welcome the opportunity to respond to HMRC’s Tax Administration Framework review call for evidence. This call for evidence sought views on how the legislation underpinning HMRC’s administration of the tax system could be updated and simplified. This is part of the government’s 10 ...

Retirement Outcome review
Published on 27 March 2019

Financial Conduct Authority: Retirement Outcomes Review

LITRG has responded to the FCA’s Review pointing out that it is essential for people to be provided with clear guidance, in a consistent format and at the right time. We therefore welcome the proposal by the FCA to mandate both the use of standard wording and the timing of information being ...

A person holding a small piece of white paper with the word 'RESPONSIBILITY' on it in black text.
Published on 6 July 2021

Third party data – clarity needed on who carries responsibility

The Low Incomes Tax Reform Group (LITRG) has welcomed a call by the Office of Tax Simplification (OTS) for a consultation into who is responsible for the accuracy of third party data, and for a broader review of safeguards and sanctions to ensure a taxpayer does not suffer the consequences of a ...

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