Introduction With the new tax year in full swing, payroll professionals really need to be aware of what the calendar has in store. Organising yourself early will ... Continue Reading
The tax credits renewals deadline has passed. If you missed it, all is not lost but you need to act quickly. Here’s what to do. Introduction For the 2015/16 ... Continue Reading
The following is a review of the new legislation in Finance Bill 2016 in relation to the restriction of tax relief for mortgage interest and related finance costs, ... Continue Reading
LITRG suggests that more should be done to support the financial position of unpaid carers, particularly the impact of tax, National Insurance and benefits administration ... Continue Reading
A senior member of the Low Incomes Tax Reform Group (LITRG) – the tax campaign organisation – has been appointed to the Social Security Advisory ... Continue Reading
The LITRG and the advice and technology charity LASA have launched a web tool to help people check whether they can claim universal credit and tax credits in their ... Continue Reading
You may not need to pay all of your second self-assessment payment on account if your liability for 2015/16 is less than it was the previous year. Introduction If ... Continue Reading
The LITRG is urging people in receipt of tax credits to complete their renewals by 31 July to avoid their payments stopping. Introduction The majority of tax credit ... Continue Reading
There are new rules designed to prevent workers engaged through an umbrella company from benefiting from tax and National Insurance contribution (NIC) relief for ... Continue Reading
Lower annuity rates may lead to more people taking money out of their pension flexibly – but the tax consequences should be borne in mind. Background Annuity ... Continue Reading
