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LITRG Press Release: Contact HMRC urgently if you have missed the tax credits renewals deadline

The Low Incomes Tax Reform Group (LITRG) is urging people to contact HMRC if they have missed the tax credits renewals deadline (31 July). The sooner people contact HMRC then the sooner they can get their tax credit payments re-started – or if they are lucky, they might catch HMRC in time to renew before their payments are stopped.

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Press release: Proposals to extend LBTT relief to property investments 'common sense'

The Chartered Institute of Taxation (CIOT) has welcomed Scottish Government plans to consider the introduction of a new relief from Land and Buildings Transaction Tax (LBTT) for investors such as pension funds and insurance companies that invest in Scottish property.

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Press release: Easing of requirements welcomed as major tax reporting change nears

The Chartered Institute of Taxation (CIOT) has welcomed the legal status of HMRC’s ‘soft landing’ intended to help taxpayers who may otherwise struggle with some of the IT demands of Making Tax Digital for VAT.

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LITRG Press Release: Government’s response to Work and Pensions Committee’s recommendations ‘extremely disappointing’, say campaigners

The Low Incomes Tax Reform Group (LITRG) has expressed disappointment at the Government’s response to the recommendations made by the Work and Pensions Committee’s ‘Universal Credit: supporting self-employment’ report.

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LITRG Press Release: Tax tips if you are working this summer

The Low Incomes Tax Reform Group (LITRG) is giving some tax tips for young people who are looking for a summer holiday job, now that university lectures have finished and school’s (nearly) out.

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LITRG Press Release: Tax credit renewal deadline: claimants must renew by July 31

People who claimed tax credits during 2017/18 and who have received renewal forms from HMRC, must act by July 31 so that their payments do not stop, advises the Low Incomes Tax Reform Group (LITRG).

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LITRG Press release: Winning on penalties… LITRG welcomes new approach to treatment of late tax returns

The Low Incomes Tax Reform Group (LITRG) has given a qualified welcome to a new ‘penalty point’ model for late submission of tax returns, contained in draft legislation published today. The group thinks the penalty point approach should be easy for taxpayers to understand, but is concerned that other aspects of the new regime may prove more complex.

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Press release: Concern at HMRC’s eagerness to resort to legal action

The Chartered Institute of Taxation (CIOT) has told MPs of its concern at HMRC’s apparent eagerness to litigate rather than make concessions to reasonable viewpoints when advised that there is less than 50 per cent chance of successful legal action. The Alternative Dispute Resolution (ADR) should be promoted more widely as a means of curbing this unwelcome trend, which is resulting in an ever increasing number of Tribunal cases, says the Institute.

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Press release: Chartered Institute of Taxation comment on new Scottish 'Minister for Tax'

Commenting on the appointment of Kate Forbes MSP as Minister for Public Finance and Digital Economy, with a remit that includes responsibility for supporting the Finance Secretary on the management of tax policy, Moira Kelly, chair of the Chartered Institute of Taxation's Scottish Technical Committee, said:

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Press release: Accounts based capital allowances proposed

The Chartered Institute of Taxation has commented on the OTS’ publication of its Accounting depreciation or capital allowances? Simplifying tax relief for tangible fixed assets report.

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