LITRG is part of a group of leading pensions and tax experts calling on the Government to act quickly to deliver its manifesto promise to fix an unfair tax flaw. This flaw means around 1.7 million low-income workers (mostly women) are being unfairly charged 25 per cent more for their pensions a...
LITRG has submitted evidence to the Women’s Budget Group and its Commission on a Gender-Equal Economy, in response to its call for evidence on taxation. We use our response to highlight a few policy and operational changes that might have a positive impact on gender equality. In doing so, we note th...
We support the aim of this consultation in trying to achieve greater consistency in, and simplification of, individuals’ pension benefits statements but highlight that pensions planning cannot be undertaken without understanding the tax implications both during accumulation of savings and at decumul...
LITRG has submitted comments in response to a call for evidence issued by the Social Security Committee of the Scottish Parliament, which is examining the take-up of benefits and how this can be improved. Although we do not have empirical data to support our comments, based on queries to our website...
While the LITRG agree that providing additional support for parents by way of statutory neonatal leave and pay is positive, it has not been made clear in this consultation what the treatment of this income will be for both income tax and benefits purposes. If neonatal leave is to be taxable, then th...
The LITRG has responded to this consultation with some points for BEIS to consider, in terms of how the payment of compensation for cancelled shifts will work for national minimum wage (NMW), tax and benefit purposes. ...