The Low Incomes Tax Reform Group (LITRG) is calling for the high income child benefit charge (HICBC) threshold to rise to avoid it hitting basic-rate taxpayers for the first time in April.¹ LITRG says this is contrary to the original policy intent, and it is likely to cause the ...

The Low Incomes Tax Reform Group (LITRG) is urging people to complete their 2019/20 Self Assessment tax return online by the usual deadline of 31 January¹ or risk a fine from HMRC. HMRC charge an automatic penalty of £100 for tax returns that miss the deadline, and the penalties increase ...