The results of a survey of members of the Chartered Institute of Taxation (CIOT) and the Association of Taxation Technicians (ATT) suggest that there is no clear consensus in the tax profession to reform the increasingly popular rent-a-room relief.
The Low Incomes Tax Reform Group (LITRG) is calling on couples to declare money held in joint accounts otherwise they might face penalties for non-disclosure, and has suggested to HMRC ways they can prevent people falling unwittingly into non-compliance in the first place.
The Low Incomes Tax Reform Group (LITRG) has welcomed the Government announcement during a House of Commons debate that the tax and National Insurance relief offered through childcare vouchers would remain available to new applicants for a further six months.
Campaigners for taxpayers on low incomes have given a cautious welcome to a call for evidence launched today on ways in which online platforms could act as intermediaries between their users and HMRC by enabling users to understand and comply with their tax obligations.
The Chartered Institute of Taxation (CIOT) has welcomed today’s updated position paper from the Government on corporate tax and the digital economy. The CIOT is supportive of government attempts to review what activities constitute value-creation, but believes any changes should be introduced through international negotiation.