Press releases

 


Tenants are being quizzed on the tax status of their landlords by HMRC.1 An HMRC fact finding letter goes on to suggest tenants may have to take tax off their own rental payments to ensure the correct tax is paid if their landlord is not resident in the UK and is not registered under the UK’s Non-resident Landlord Scheme (NRL) – or face a fine.2 The CIOT is urging any confused or concerned tenant not to ignore the letter and to seek advice if they need it.  

Treasury ministers should review and respond to the loan charge review within days of a new government being formed, the Chartered Institute of Taxation (CIOT) has said.

Political parties should think twice before launching ‘rabbit out of a hat’ tax policies during the election campaign, where they commit themselves to a new idea or major reform out of the blue without consulting or preparing the ground in advance, says the Chartered Institute of Taxation (CIOT).

The Office of Tax Simplification (OTS) recommendation of a new Individual Tax Account1 that combines the features of the current personal tax account and business tax account, meaning all the income of an individual is held in one place, is welcomed by LITRG. The report makes other recommendations, such as allowing people to make ad hoc payments towards their tax bills when they have spare income, which LITRG agrees should be explored further.

Devolution is making it harder for claimants to understand the benefits system and the Scottish and UK governments need to work harder to ensure people claim what they are entitled to, according to the Low Incomes Tax Reform Group (LITRG).

The Chartered Institute of Taxation (CIOT) is cautioning that the decision to postpone the UK Budget will damage the Scottish Parliament’s ability to scrutinise tax and spending plans ahead of the new tax year.

The Low Incomes Tax Reform Group (LITRG) is reminding people that there is just a week to go before the 31 October 2019 deadline to file paper tax return forms.

The Low Incomes Tax Reform Group (LITRG) is warning those with outstanding tax credit debts that they risk having the money recouped forcibly from their wages. This follows the transfer of some tax credit debts from HMRC to the DWP. LITRG is urging people not to ignore any letter received recently from HMRC about tax credit debt and to speak to a welfare rights adviser or contact either HMRC or DWP.

The Low Incomes Tax Reform Group (LITRG) has welcomed the Government’s acceptance that further improvements are needed to the guidance on GOV.UK to help unrepresented taxpayers caught in a dispute with HMRC, and the Government’s commitment to continuing to refine and improve the extra support service that HMRC offer. LITRG was responding to the Government’s official response to a House of Commons Treasury Sub-Committee report on the UK tax authority.

The Low Incomes Tax Reform Group (LITRG) has welcomed the Office of Tax Simplification’s (OTS) Life Events report – especially its recommendation to address an inconsistency in tax rules which means that more than a million people on low incomes are losing out on tax relief on their pension contributions. LITRG hopes this report will provide a catalyst for some real improvements to the tax system for low income, unrepresented taxpayers.