LITRG has responded to the government’s publication of the draft legislation for changes to capital gains tax (CGT) private residence relief (PRR) from April 2020, including the reduction of the final period exemption from 18 to 9 months. Our submission focusses on the impact of the final period ...

The LITRG believes that in order to increase trust in pensions and consequently take-up, there must be clarity and reassurance that contributions and investments are in good hands and well-protected against incompetence and criminality, and that more should be done by the Financial Conduct ...

In responding to the Social Security Committee of the Scottish Parliament’s inquiry into Social Security and In-work Poverty, LITRG has focused on the particular problems facing Universal Credit (UC) claimants in self-employment. We highlighted our concerns that if major changes are not made there ...

Now that the loan charge has come into effect, it is time to look at some of the practical considerations around reporting and paying the loan charge. If you are on a low income, there are a number of steps you still need to go through between now and the 31st January 2020, even if you don’t think ...

The Money and Pensions Service (aka the single financial guidance body) is bringing together the Money Advice Service, Pension Wise and The Pensions Advisory Service. They are asking stakeholders to feed in their hopes and aspirations for the new body and to help shape its ...

This is the first time we have responded to one of their annual consultations, but this year, we thought there were some areas of questioning that we could usefully comment on, including the minimum wage post 2020 and on enforcement and compliance issues. In our response to the LPC’s questions ...