Press releases

 


In implementing the digital tax account and other aspects of their ‘Making Tax Digital’ programme, the Low Incomes Tax Reform Group (LITRG) has called on HMRC to respect the rulings of the courts and make proper provision for those who find it difficult or impossible to use computers.

Tax advisers have questioned the need for two new tax evasion offences, following the Government’s announcement that it will go ahead with them.

The Chartered Institute of Taxation’s Scottish Technical Committee has welcomed the announcement by the Chancellor that the decision to cut some tax credits will be reversed; these were due to be cut from April 2016. 

The Chancellor's planned 'higher wage, lower welfare' economy will translate simply into a lower welfare economy for those who work for themselves, say LITRG.

In today's Autumn Statement, the Chancellor announced changes to two schemes that have not yet been introduced - the planned increased provision of free childcare from 15 hours to 30 hours and "tax-free childcare", a scheme to help parents meet childcare costs.

The Chancellor today announced an extra 3% of Stamp Duty Land Tax on purchases of buy to let properties and second homes, from 1 April 2016. Caravans, mobile homes, houseboats will all be excluded; similarly the intention is to exclude commercial investments in residential property from the additional charge.

The Chartered Institute of Taxation (CIOT) has warned that HMRC's customer service standards, which have recently been heavily criticised, must not be allowed to decline further as HMRC seeks to transform itself into one of the most digitally advanced tax administrations in the world.

Commenting on the Government's announcement today of the level of the Apprenticeship Levy, John Cullinane, Tax Policy Director of the Chartered Institute of Taxation, said:

The Low Incomes Tax Reform Group (LITRG) has welcomed the Chancellor's announcement in today's Autumn Statement that the Government will not go ahead with the changes to the tax credit taper rate and thresholds from April 2016. However, other tax credit changes will go ahead and these need to be fully communicated to claimants well ahead of their introduction.

The Chartered Institute of Taxation (CIOT) has backed the idea of a single climate tax on businesses as long as it comes after an environmental tax framework similar to the business tax road map.