Press releases

 


The Low Incomes Tax Reform Group (LITRG) welcomes today’s Budget announcement1 to publish a call for evidence to review the options to address pensions inequality for low-income workers, as promised in the government’s manifesto.This ‘flaw’ means that around 1.7 million people on low incomes (mostly women) are being unfairly charged 25 per cent more for their pension contributions due to the way their employers’ pensions schemes operate.

Today’s UK Budget has confirmed the income tax differences between Scotland and the rest of the UK for the coming year.

LITRG is urging people to contact HMRC before 6 April 2020 to obtain the maximum benefit from the Marriage Allowance.

MSPs can’t rule out the prospect of making further changes to income tax before the start of the new tax year, despite today’s vote to approve Scotland’s proposed income tax regime for 2020/21.

Ahead of next week’s Budget, the Chartered Institute of Taxation has joined the Institute for Fiscal Studies and Institute for Government in writing a joint letter to the new Chancellor, Rishi Sunak.

The CIOT is delighted to announce the latest successful ADIT (Advanced Diploma in International Taxation) graduates and prizewinners, following the December 2019 examinations. Recognising ADIT’s growing profile across the international tax profession, 2019 saw both a record number of new students registering onto the qualification and a record number of exam sittings.

The Chartered Institute of Taxation (CIOT) is urging new Chancellor Rishi Sunak to do more to monitor and evaluate £155 billion a year of the UK’s tax reliefs.

This press release is written on behalf of the Taxation Disciplinary Board

The Taxation Disciplinary Board (TDB), the independent body that is responsible for running the complaints and disciplinary scheme for the Chartered Institute of Taxation (CIOT) and the Association of Taxation Technicians (ATT), is pleased to announce the appointment of Susan Humble as its new Chair.

Today’s Scottish Budget means that higher earners will continue to pay more in tax than their counterparts elsewhere in the UK, while lower earners continue to be slightly better off north of the border.

People have the right to challenge penalties given by HMRC for missing today’s Self Assessment tax return deadline, says the Low Incomes Tax Reform Group (LITRG).