Press releases

 


The Chartered Institute of Taxation (CIOT) is concerned that businesses undertaking some commercial transactions will face unnecessary uncertainty because of a lack of clarity about the breadth of a new anti-avoidance tax rule.

The LITRG is concerned that people on low incomes may be unable to benefit from welcome freedoms to convert their annuities.

The Association of Taxation Technicians (ATT) and Chartered Institute of Taxation (CIOT) have launched a new streamlined route to the ATT and CTA qualifications, improving the flexibility offered to employers.

The Chartered Institute of Taxation (CIOT) has urged the UK and Scottish governments to work together on changes to flight taxes to prevent passengers facing double taxation, which could lead to higher fares.

The LITRG is urging people to claim back tax deducted from savings income in past years now that they have received their P60s.

A huge backlog of potentially incorrect tax records is a warning about the risks of premature and over-ambitious staff cuts at HMRC, the Chartered Institute of Taxation (CIOT) has warned.

The Low Incomes Tax Reform Group (LITRG) has welcomed a report by the National Audit Office (NAO) that shows how cutting resources has led to a deterioration in the service HMRC has been able to offer to individual taxpayers.

The LITRG said the merger of three money advice services is a great opportunity for the new unified service to better help those on low incomes.

The Chartered Institute of Taxation (CIOT) has warned that legislation in today’s Queen’s Speech must have effective guidance so that companies know when they are taking adequate measures to guard against rogue members of staff facilitating tax evasion or money laundering.

The LITRG has produced a printable guide and website material to assist serving personnel, veterans, their families and advisers to check that they are paying the correct amount of tax.