Press releases

The Chartered Institute of Taxation has welcomed the publication of a new Finance Bill¹ today, but criticised the number of measures in the Bill not previously consulted on, and the apparent timetable for the Bill’s passage through Parliament, which it believes will harm scrutiny of the Bill.

The Low Incomes Tax Reform Group (LITRG) has cautiously welcomed the Government’s response to the recommendations made by the Social Security Advisory Committee (SSAC) on moving claimants to Universal Credit from tax credits and other working age benefits. However, a number of concerns remain and LITRG calls on the Government to stop existing benefit claimants moving across to Universal Credit until the migration process is more fully developed and all claimants can be given transitional protection. 

The Chartered Institute of Taxation (CIOT) is disappointed by the news that reforms to HMRC’s penalty regimes are to be further delayed.

Campaigners are concerned that anti-avoidance changes announced in today’s Budget could leave low-paid workers in the lurch.