Press releases

 


The Chartered Institute of Taxation (CIOT) and the Association of Taxation Technicians (ATT) have underlined their commitment to make Northern Ireland’s tax powers a success.

A new report by Scotland’s leading tax and accountancy bodies is today (Friday 12 October) recommending that more is done to improve public understanding and awareness of Scotland’s devolved tax powers.

The Low Incomes Tax Reform Group (LITRG) is calling on the Government to use the forthcoming Budget and Finance Bill to act on an inconsistency in tax rules which means that more than a million people on low incomes could be losing out on tax relief on their pension contributions.

More than 100 leading tax professionals from across Europe are gathering in London today for one of the biggest events in the European tax calendar.

The Low Incomes Tax Reform Group (LITRG) is urging people who wish to claim childcare vouchers to act before 4 October 2018.

A Scottish Government proposal to give councils the power to increase business rates on out of town shopping centres and online retailers would be a bureaucratic burden, tax professionals have warned.

Commenting on the launch of the Help to Save scheme today, which gives some tax credits or Universal Credit claimants the opportunity to earn a tax-free bonus of up to 50 per cent on amounts saved, Victoria Todd, of the Low Incomes Tax Reform Group (LITRG), said:

Following yesterday’s announcement by the government that it has abandoned its plans to abolish Class 2 National Insurance contributions (NIC) for the self-employed, campaigners have said the whole area of National Insurance needs a comprehensive review.

The Chartered Institute of Taxation (CIOT) has said the proposed scrapping of compensation for delays to the payment of VAT refunds by HMRC is unfair and likely to harm affected business’ cash flows.

The Low Incomes Tax Reform Group (LITRG) is reminding people who work in the ‘gig economy’ that the 5 October self-assessment registration deadline is approaching fast. The advice is included in LITRG’s new tax factsheet for those working in the growing ‘gig economy’ sector. Its publication comes after worrying HMRC research suggests that many of those working in the ‘gig economy’ may not consider the work they do to be taxable.