Office of Tax Simplification capital gains tax review: call for evidence
The Office of Tax Simplification has launched a wide-ranging review of capital gains tax and the views and experiences o...
COVID-19: Help-to-Save scheme: an opportunity for clients who need to claim universal credit
The Help to Save account pays a tax-free bonus on the second and fourth anniversaries of the date the account was opened...
HMRC Powers and Safeguards Evaluation Forum
Back in July 2019, the financial secretary to the Treasury (FST) committed HMRC to undertaking an evaluation of the impl...
Help-to-Save scheme: are your clients missing out?
LITRG has been a member of HMRC’s Help-to-Save Stakeholder Forum throughout the pilot phase and the launch of the accoun...
Changes to private residence relief and ancillary reliefs: draft Finance Bill
ATT, CIOT and LITRG have all responded to the consultation on the draft clauses published in July in relation to governm...
Capital Gains Tax: Private Residence Relief: changes to the ancillary reliefs: consultation responses
From April 2020, the government wishes to reduce the final period exemption for PRR from 18 months to 9 months....
LITRG highlights how finance cost restrictions in computing rental profits can affect low-income taxpayers
The issue arises from the fact that the finance costs are disallowed in calculating an individual’s rental profits and r...
Extension of Offshore Time Limits: Clauses 79 and 80
Clauses 79 and 80 of the Finance Bill increase the assessment time limits for income tax, capital gains tax and inherita...
Amending HMRC’s Civil Information Powers: ATT, CIOT and LITRG responses
HMRC launched a consultation entitled Amending HMRC’s Civil Information Powers on 10 July 2018.
Treasury Committee Inquiry into VAT and Treasury Sub-Committee Inquiry into The conduct of tax enquiries and the resolution of tax disputes
Last month we reported on some of our work submitting written evidence to the Treasury Committee Inquiry into VAT and th...