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 ...
Welcoming the Government’s proposals for the tax framework for the secondary annuities market which is intended to come into force next April, LITRG noted that this should put everyone, both pre- and post pensions freedoms introduced last year, on an equal footing.
In a response to the Government’s consultation to a new Public Financial Guidance service, LITRG has welcomed in principle the proposed abolition of the Money Advice Service and merging the functions of the Pensions Advisory Service with Pension Wise.
LITRG has responded to the HMRC consultation document on the implementation of the Personal Savings Allowance (PSA), which will be introduced and take effect from 6 April 2016.