Press releases

 


Students of the Advanced Diploma in International Taxation (ADIT) will receive their results today (February 4), to mark a record breaking year for the qualification.

The LITRG has backed new legislation to stop workers from facing tax charges on low value benefits they receive from their employers.

The Low Incomes Tax Reform Group (LITRG) is calling for financial education – including teaching about tax – to be given greater importance in schools.

The Chartered Institute of Taxation (CIOT) has announced its team of Officers for 2016-17. 

The Chartered Institute of Taxation (CIOT) has told the Government that it is unconvinced that proposed new rules, which will restrict interest expenses that can be deducted when a company calculates its taxable profit, are necessary in the UK.

Chris Jones, the President of the Chartered Institute of Taxation, has been appointed to a group to oversee the HMRC Charter.

The Chartered Institute of Taxation has warned that a bid to exclude one-person businesses from claiming the national insurance Employment Allowance will be too easy to dodge.

The Low Incomes Tax Reform Group (LITRG) is calling on the financial and pension industries to urgently create two new financial advice services to help those with low incomes.

The Scottish Government’s Finance Minister, John Swinney, has today delivered Scotland’s Budget, the first in which Scotland assumes the power to set its own income tax rate. Although the overall income tax will remain in line with the rest of the UK, the Chartered Institute of Taxation (CIOT) is calling for greater awareness of Scottish taxpayer status and greater transparency around how their tax is being distributed.

The Chartered Institute of Taxation (CIOT) has welcomed a change to the Government’s approach1 to improve tax compliance by large companies but remains sceptical about the effectiveness of a ‘special measures’ regime to target tax abuse.