Press releases

 


The Low Incomes Tax Reform Group (LITRG) has added new material to its website expanding its tax and related benefit guidance relating to COVID-19.

The Low Incomes Tax Reform Group (LITRG) has scored a hat trick at the 2020 Tolley’s Taxation Awards. The LITRG Team won the Best Specialist Team in a Public or Not for Profit Organisation award. LITRG Technical Officer Meredith McCammond won the Rising Star award and former LITRG Technical Director (and current volunteer) Robin Williamson MBE won the Lifetime Achievement prize.

The Low Incomes Tax Reform Group (LITRG) is warning owners of newly formed limited companies that it is unlikely they are eligible for the Self Employed Income Support Scheme (SEISS) grant – even if HMRC contact them and the eligibility checker says they may qualify. This comes as HMRC contact people inviting them to check their eligibility and claim for the SEISS grant.

The Low Incomes Tax Reform Group (LITRG) worries that some people who are eligible to apply for the Self-Employment Income Support Scheme (SEISS) grant have not received correspondence from HMRC.

As the coronavirus (COVID-19) pandemic continues and many are forced to turn to the welfare benefit system, the Low Incomes Tax Reform Group (LITRG) highlights to new universal credit claimants that they may have a window of opportunity to open a four-year Help to Save account – which pays a tax-free bonus of up to 50p per £1 saved.

Businesses that wish to defer VAT return payments must ensure that they cancel their direct debit in good time for VAT returns that are due on Thursday 7 May, warns the Chartered Institute of Taxation (CIOT).

Some house buyers could miss out on being able to claim a refund for a property tax charge if they have been unable to sell their old home because of the COVID-19 pandemic, the Chartered Institute of Taxation (CIOT) has said.

The Digital Services Tax (DST) has come into effect this month with questions remaining about who will pay it and how much they will pay, says the Chartered Institute of Taxation (CIOT).

The Low Incomes Tax Reform Group (LITRG) has welcomed HMRC’s announcement that the tax authority are setting up an online 'whistle-blower' service for workers to use to report employers who abuse the system.

Self-employed people yet to submit their 2018/19 self assessment tax return have until 23 April 2020 or risk missing-out on potential financial support from the Government during the COVID-19 outbreak, says the Low Incomes Tax Reform Group (LITRG).