The Low Incomes Tax Reform Group (LITRG) is warning people who have claimed Self-Employment Income Support Scheme (SEISS) grants that this income is taxable and that they must make sure they complete their tax returns accurately by including the grants in the correct place.
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 ...
Together, the Chartered Institute of Taxation (CIOT), its Low Incomes Tax Reform Group (LITRG) and the Association of Taxation Technicians (ATT) have responded to this APPG inquiry on financial education, highlighting the importance of introducing a basic understanding of tax throughout the ...
LITRG welcomes the introduction of simplified pension statements. In responding to is latest Department for Work & Pensions consultation, we highlight the need for these statements to include a clear warning about the interaction of pensions with tax and benefits.
LITRG has responded to HMRC’s consultation on extending the principle of tax conditionality, where the renewal of certain public sector licenses is conditional on demonstrating registration for tax, to Scotland and Northern Ireland from April 2023. Similar measures have already been legislated for ...
We have responded to the Low Pay Commission (LPC) consultation 2021 – specifically the bit looking at the live-in domestic worker exemption.