Raising standards in the tax advice market
As an initiative of the CIOT, LITRG endorses the comments made in the CIOT’s response to this consultation.
As an initiative of the CIOT, LITRG endorses the comments made in the CIOT’s response to this consultation.
LITRG has responded to HMRC’s twin discussion documents on Helping taxpayers get offshore right and Preventing and collecting international tax debt, focussing on how both issues affect unrepresented taxpayers.
Hundreds of thousands of tax credit claimants, who had their claims auto-renewed last year due to the covid pandemic, will have to complete and return renewal declaration forms this year by 31 July or lose their entitlement, the Low Incomes Tax Reform Group (LITRG) is warning.
In our Budget 2020 representation, we highlight a number of issues relating to the High Income Child Benefit Charge.
Think of taking money out of your pension? Watch out for possible traps, including unexpected tax charges and limiting future pension contributions.
LITRG has responded to the Financial Conduct Authority’s consultation in giving people a stronger nudge towards getting guidance on their pension choices. We are in favour of more nudges being provided to consumers, who intend to access their pension savings, to seek guidance.