HMRC are taking action (the April 2019 ‘loan charge’) against certain loan arrangements (‘disguised remuneration’ schemes) that were designed to avoid tax, leaving many workers with potentially huge bills to pay. HMRC appreciate that not everyone entered into these arrangements knowingly to avoid ...

LITRG has submitted comments to HM Revenue & Customs (HMRC) in respect of the draft clauses and schedules contained in Finance Bill 2018-19 that concern penalties and interest for late submission of returns and late payment of tax. We have previously responded to a number of consultations on ...

The LITRG welcomes the opportunity to continue our input into the Financial Conduct Authority's (FCA) work on the outcomes of the pensions freedom reforms and in particular the problems facing consumers resulting from these freedoms. The FCA have identified that, while pension freedoms have ...

HM Revenue and Customs (HMRC) have been consulting on their draft equality scheme which sets out how they will meet their responsibilities under section 75 of the Northern Ireland Act 1998 by promoting equality of opportunity and good relations.

While the LITRG welcomes the opportunity to respond to this consultation, we are disappointed that the DWP has not considered the different options available to move legacy benefit claimants to universal credit (UC), considering the importance and sheer magnitude of the managed migration process. ...

The LITRG appreciate that the Government have considerable concerns regarding the non-compliance of the rules commonly known as IR35 in the private sector. We share these concerns and want people to pay the right amount of tax; however, we think the Government should proceed cautiously with ...