Press releases

Press release: Government must rethink crackdown on people claiming national insurance reductions, warn taxation experts

By Editor on 12 January 2016

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.

LITRG Press Release: Urgently needed advice services must avoid Pension Wise flaws, says campaign group

By Editor on 7 January 2016

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.

Press release: Historic day as Scotland sets income tax rates for the first time

By Editor on 18 December 2015

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.

Press release: Tax body welcomes collaborative approach to improving the tax practice of large companies

By Editor on 18 December 2015

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.

Press release: Tax institutes publish route to CTA licence

By Editor on 16 December 2015

The Chartered Institute of Taxation (CIOT), the Irish Tax Institute (ITI) and The Tax Institute of Australia (TTI) have published guidance for tax institutes seeking a licence from the CIOT to grant the designations ‘Chartered Tax Adviser’ and ‘CTA’ subject to conditions¹.

LITRG Press release: Tax campaigners’ alarm at HMRC letter to Scottish taxpayers

By Editor on 14 December 2015

The Low Incomes Tax Reform Group (LITRG) is troubled by HMRC’s decision not to include a helpline number on letters sent to Scottish taxpayers, which risks leaving people unable to get answers to their questions.

Press release: Stalwart sports people may miss out on testimonial tax exemption, fears tax body

By Editor on 10 December 2015

The Chartered Institute of Taxation (CIOT) is concerned that many sports persons will miss out on exemptions that are supposed to guarantee they will receive money from testimonials without tax.

Press release: New offshore tax evasion offence – threshold change welcomed

By Editor on 9 December 2015

Tax advisers have welcomed the Government’s decision, announced today, to restrict the use of a new ‘strict liability’ offshore tax evasion criminal offence to situations where the amount of tax underpaid is £25,000 or more.

LITRG Press release: The digital tax account: charity urges HMRC to respect the rights of the digitally excluded

By Editor on 9 December 2015

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.

Press release: Tax evasion – advisers question need for new offences

By Editor on 27 November 2015

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