LITRG has responded to a wide-ranging consultation by the Financial Conduct Authority (FCA) on the options now available to all those converting their pension pots into alternative forms of income or capital. The FCA has serious concerns that many savers are simply re-investing their pots in cash ...
LITRG has responded to a HMT consultation document on reforms to the taxation of non-domiciles. The consultation follows the announcements made at Summer Budget 2015 and sets out the detail of the proposals that will restrict certain individuals from being able to claim non-domiciled status for tax ...
In principle, we agree there is a problem with the insolvency regime being used to avoid or evade tax liabilities, including through the use of phoenixism. Indeed, the insolvency regime seems to be behind the somewhat cavalier behaviour we have seen from certain employment intermediaries such as ...
LITRG recently responded to HM Treasury’s consultation document exploring the possibility of extending tax relief for the cost of training by employees and the self-employed, in an attempt to encourage more individuals to develop and improve their skills or to retrain completely to help boost the ...
The LITRG raises concerns about the number of dispute cases reaching the Tribunal which ought never to have been escalated in the first place. We are hugely concerned about the position of unrepresented taxpayers aggrieved by decisions against which there is no right of appeal. There is a strong ...
As part of the Treasury Committee’s inquiry into VAT and Brexit, LITRG has urged the Government to reconsider its previous recommendations for VAT reform for disabled people. The recommendations include extending VAT relief for certain construction services, transportation costs and workplace ...