The CIOT, LITRG and ATT have responded to the Treasury Committee’s wide-ranging Inquiry into VAT and its Sub-Committee’s Inquiry into The conduct of tax enquiries and the resolution of tax disputes. In addition to our written responses we have also given oral evidence to the Committees
The Work and Pensions Committee has now published its report on Universal Credit (UC) and self-employment making a number of recommendations that echo those made by LITRG in our October 2017 report and in written and oral evidence to the Committee.
The CIOT has responded to both recent Inquiries established by the Treasury Sub-Committee, and LITRG responded to the second Inquiry. Our written responses will be published on our websites once an order to be published has been made by the Sub-Committee. We may also be called to provide oral evidence to the Sub-Committee in due course.
Last month, Meredith McCammond of LITRG explored how Real Time Information data is used in the benefits system. In this article, we explore potential problems that may occur and provide some important updates on the use of RTI data in the universal credit system.
HMRC published a short consultation in February 2018, looking at making changes to the PAYE Settlement Agreement (PSA) process to remove the requirement for employers to annually agree their PSA with HMRC and pave the way for a future online process. CIOT, ATT and LITRG responded to HMRC and while welcoming the introduction of ‘enduring agreements’ raised concerns around the removal of the reasoning for HMRC to cancel a PSA contained in the current legislation.