Submissions

While this measure introduces a fair and coherent solution to a legislative problem that has caused gross unfairness to some taxpayers, we have some serious concerns over the draft legislation itself and practicability of its application. We recommend the draft clause be amended to include the right of appeal, the period for application for a recalculation be extended to four years instead of two ...

The LITRG welcomes the opportunity to continue to comment upon the development of the provision of public financial guidance and are pleased many of our earlier suggestions on establishing a single co-ordinating body have been adopted. We are concerned, however, that the word ‘tax’ does not appear once in the consultation document as tax debt, alleged or actual, is a major area of debt problems.&#...

LITRG welcome the introduction of new trading and property income allowances of up to £1,000, both of which can be claimed by individuals from 6 April 2017. We consider these allowances will be helpful for low-earners who may be discouraged from earning a small amount of additional income because of their tax obligations or who are in-between ‘hobby-trading’ and starting a new self-employed busine...