Press releases


Following yesterday’s announcement by the government that it has abandoned its plans to abolish Class 2 National Insurance contributions (NIC) for the self-employed, campaigners have said the whole area of National Insurance needs a comprehensive review.

The Chartered Institute of Taxation (CIOT) has said the proposed scrapping of compensation for delays to the payment of VAT refunds by HMRC is unfair and likely to harm affected business’ cash flows.

The Low Incomes Tax Reform Group (LITRG) is reminding people who work in the ‘gig economy’ that the 5 October self-assessment registration deadline is approaching fast. The advice is included in LITRG’s new tax factsheet for those working in the growing ‘gig economy’ sector. Its publication comes after worrying HMRC research suggests that many of those working in the ‘gig economy’ may not consider the work they do to be taxable.

The LITRG is reminding students who have been working over the summer to make sure they have not overpaid tax and, if they have, to claim a refund from HMRC.

Taxpayers have only a few weeks left to disclose undeclared offshore tax liabilities to HMRC or risk a stiff penalty. The Chartered Institute of Taxation (CIOT) is urging individuals who need to make a disclosure, or are unsure about making a disclosure, to act before the 30 September deadline.

The Chartered Institute of Taxation (CIOT) is suggesting an alternative to HMRC’s extension of the public sector ‘off-payroll’ working rules to the private sector. The Institute believes this will avoid repeating mistakes with last year’s rollout in the public sector, while enabling HMRC to curb non-compliance with IR35 tax rules by some people who set up and work through their own personal service companies (PSCs).1

June 2018 saw more than 600 ADIT (Advanced Diploma in International Taxation) students sit their exams in a record 50 cities around the world.

Victoria Todd is the new Head of Team at the influential Low Incomes Tax Reform Group (LITRG) of the Chartered Institute of Taxation (CIOT), replacing Robin Williamson MBE who has retired.

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.

The Chartered Institute of Taxation (CIOT) has welcomed Scottish Government plans to consider the introduction of a new relief from Land and Buildings Transaction Tax (LBTT) for investors such as pension funds and insurance companies that invest in Scottish property.