Press releases

 


The Low Incomes Tax Reform Group (LITRG) is urging people to contact HMRC if they have missed the tax credits renewals deadline (31 July). The sooner people contact HMRC then the sooner they can get their tax credit payments re-started – or if they are lucky, they might catch HMRC in time to renew before their payments are stopped.

Commenting on today’s publishing of a Treasury Sub-Committee report called Disputing Tax, John Cullinane, CIOT Tax Policy Director, said:

The Chartered Institute of Taxation has welcomed the announcement1 of a series of measures designed to strengthen public trust in HMRC’s exercise of their statutory powers.

LITRG welcomes the Government’s focus on those who need extra help in a series of measures announced yesterday to strengthen public trust in HMRC.

New legislation published today will make businesses and other organisations responsible for determining the tax status of the contractors they hire through their own companies and ensuring the necessary employment taxes are paid. Tax advisers are warning that unless there are significant improvements to HMRC’s Check Employment Status for Tax (CEST) tool the new rules1 will lead to uncertainty and protracted disputes.

The Chartered Institute of Taxation (CIOT) is urging HMRC to maximise efforts to communicate forthcoming changes to capital gains tax which will introduce new and increase existing tax bills for some home sellers from April 2020.

National digital services taxes – like the UK proposal for which legislation was published today, and the French proposal which passed the country’s Senate today – should only be temporary stopgaps ahead of the forging of an international consensus on how the digital economy should be taxed, says the Chartered Institute of Taxation (CIOT).

School summer holidays bring the perennial headache for parents to find childcare cover. The good news is that they can get help with childcare costs. But LITRG says it is crucial that parents understand which of several government supported schemes is best for them because the consequences of getting it wrong can be costly.

Today’s review of inheritance tax by the Office of Tax Simplification contains some sensible suggestions for reforming inheritance tax (IHT). As always, continued consultation is needed as the proposals are developed and refined, says the Chartered Institute of Taxation (CIOT).

The Chartered Institute of Taxation (CIOT) and Association of Taxation Technicians (ATT) ascribe a collapse in HMRC’s VAT helpline service levels to the lack of an adequate pilot for the roll-out of Making Tax Digital (MTD) for VAT1 and the pressures of Brexit on HMRC resources.