UPDATE 16 November 2021: The GOV.UK guidance referred to in this press release has now been updated to reflect the correct position. Tax credit claimants who relied on the misleading guidance, and as a direct result of that reliance have an...
Release: Immediate: Budget Day: Wednesday 27 October 2021The Low Incomes Tax Reform Group (LITRG) welcomes today’s announcements that the universal credit taper rate will be reduced to 55%, the universal credit work allowances will be increased by £500 a year and the national living wage will increa...
Release: Immediate: Budget Day: Wednesday 27 October 2021The Low Incomes Tax Reform Group (LITRG) welcomes today’s announcement from the Government which ends the injustice that over a million low-income workers (mostly women) lose out on pensions tax rel...
Release: Immediate: Wednesday 27 October 2021The Low Incomes Tax Reform Group (LITRG) is reminding taxpayers in Self Assessment who want to submit a paper tax return for 2020/21 that they have just a few days left before the 31 October deadline. Paper returns which reach HMRC after Sunday 31 October...
High income child benefit charge has not been uprated since its introduction and now catches basic rate taxpayersConcern that this benefit charge hits larger families hardestWorry about knock-on impact on National Insurance credits...
The Low Incomes Tax Reform Group (LITRG) welcomes the Government’s announcement today that the roll out of the Making Tax Digital for Income Tax programme1 is delayed from 6 April 2023 until 6 April 2024....