The LITRG supports the Government in taking forward its 2017 manifesto commitment to implement a breathing space scheme and statutory debt repayment plan. We believe that it is right for tax and tax credit debts to fall within the scope of both proposed debt solutions. However, even at this stage of...
The LITRG believes the development of a pensions dashboard is essential given the likely increase in people having fragmented pension savings, particularly for those on low incomes. A single, government-overseen, free-to-access dashboard, providing up-to-date information, would help people understan...
The LITRG comments on this Treasury Committee call for evidence in relation to the tax and related state benefits issues that might affect vulnerable or low-income taxpayers, in particular to the proposed definition of vulnerable customers. It is vital that frontline advisers are able to understand ...
LITRG has responded to the Office for Tax Simplification’s (OTS) second report on the Business Life Cycle, where we focus on the areas we consider affect small, unrepresented businesses which generally have low-profit margins. As part of our response we raise concerns that HMRC’s communications stra...
LITRG and the Chartered Institute of Taxation (CIOT) have jointly responded to HMRC’s technical note and draft legislation on ‘Clarifying the scope of the Welsh rates of Income Tax’ . Welsh rates of Income Tax (WRIT) will be partially devolved from April 2019 on non-savings income for taxpayers who ...
The LITRG welcomes the opportunity to respond to this inquiry on behalf of low-income and unrepresented taxpayers. We believe that while HMRC must have the power to administer and enforce the tax system effectively and fairly, those powers must be proportionate, there must be accessible safeguards in place and there should be independent oversight. We consider the new proposals in clauses 33-...