This Government consultation sought to expand upon its idea to introduce, by April 2018, a ‘Help to Save’ scheme for eligible claimants of working tax credit or universal credit. The scheme will allow those eligible to save up to £50 a month and receive a 50% Government bonus on top of the amount th...
The LITRG’s response (endorsed by Tax Help for Older People) to the consultation on partial surrenders of life policies highlights the need for both simplicity and fairness in calculating the amount of gain to be brought into charge, with insurers making sure to inform policyholders of the new tax rules. While we believe the best option (the 100% allowance) achieves both of these we advocate cauti...
In written evidence to the House of Commons Work and Pensions Select Committee, LITRG draws on its experience of representing the interests of the digitally excluded population and of the very smallest businesses in consultations with HMRC. ...
Commenting on the Office of Tax Simplification’s (OTS) plans for its future strategy, LITRG sees that Office’s role as facilitating better public understanding of tax and more informed public debate. We also urge the early involvement of the OTS in policy making within HMRC and the Treasury. ...
LITRG have responded to the Department for Business, Innovation and Skills (BIS) proposals for further action on tips, gratuities, cover and service charges. ...
Finding reliable, high quality, affordable childcare is a major concern for working families and while LITRG supports extending free childcare to 30 hours, and also the Government's support for childcare through the tax-free childcare (TFC) scheme, we believe it is crucial that people are given comp...