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Published on 2 March 2018

Draft legislation: The Qualifying Care Relief (Specified Social Care Schemes) (Amendment) Order 2018

The proposed regulations do not take account of the current ways in which shared lives carers are paid and would involve extensive record keeping and reporting for these schemes – and increased work for HMRC – for the relief to be obtained by carers. It would also mean shared lives schemes would incur increased costs while some carers may incur unexpected tax bills. We recommend that the...

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Published on 28 February 2018

Making Tax Digital: interest harmonisation and sanctions for late payment

LITRG welcomes the fact that the proposed model for late payment sanctions will maintain reasonable excuse provisions, and that late payment penalties will not include the base rate. We emphasise the importance of clear communications to ensure that taxpayers understand the new sanctions – in terms ...

6 piles of wooden blocks each with a green arrow pointing upwards the block on top of each pile has a letter on, together spelling out the word 'SAVING'
Published on 27 February 2018

The complexities of government-incentivised savings for people on low incomes

The Chartered Institute of Taxation's (CIOT) Fellowship thesis by Kelly Sizer on the problems facing those on low-incomes when trying to navigate savings tax issues and their interactions with means-tested benefits. Kelly specifically focuses on pensions (including auto-enrolment), Lifetime ISAs and...

Published on 22 February 2018

Rent a room relief

In our response we highlight that we do not think that the supply of housing to the original target group is reduced by Airbnb type arrangements and are therefore not convinced that any changes to rent a room relief are needed, under the banner of making it more targeted to support longer-term lettings. If the rising cost of the relief is of concern to the Treasury, we suggest that one option woul...

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Published on 22 February 2018

Childcare policy and its influence on the economy inquiry

While we are wholly supportive of the childcare help provided by Government through the Tax-Free Childcare (TFC) scheme and other childcare offerings, we do not believe the government is providing enough guidance or support to help people navigate the system in order to choose between the schemes an...

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Published on 21 February 2018

Draft legislation: Simplification of PAYE Settlement Agreements

In our response, we welcome the simplification introduced by allowing for an enduring PAYE Settlement Agreement (PSA) but stress that adequate guidance needs to be given to ensure that employers understand variation process and in particular what to do if the items initially covered in the enduring ...

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