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HMRC could save 1.7 million hours by eliminating "progress chasing" calls, study shows
11 Dec 2024HMRC could save an estimated 1.7 million hours of call handlers’ time every year if it implemented an automated tracking system for taxpayers to check the status of their queries, a joint study by two leading bodies representing tax advisers and chartered accountants has found.
Read more »CIOT response to Scottish Budget
4 Dec 2024The Chartered Institute of Taxation (CIOT) has responded to the income tax changes in today’s Scottish Budget.
Read more »Consistency key to success: welcoming steps to simplify the Welsh visitor levy
26 Nov 2024The Chartered Institute of Taxation (CIOT) welcomes the Welsh government’s commitment to addressing some of the administrative burden associated with the new visitor levy on businesses. However, the Institute emphasises that the success of this initiative hinges on the implementation of a consistent national model for the levy.
Read more »Employer NI rise may have unforeseen consequences
30 Oct 2024The Chartered Institute of Taxation (CIOT) has warned that the increase in employers’ national insurance announced today could have unforeseen consequences.
Read more »Bold plan to cut tax gap mustn’t ignore those trying to comply
30 Oct 2024The Chartered Institute of Taxation (CIOT) has welcomed today’s investment in HMRC to reduce the tax gap, but is concerned that the lack of additional investment in customer service will prejudice those needing support to get their tax right.
Read more »Corporate tax roadmap only shows part of the picture
30 Oct 2024The Chartered Institute of Taxation (CIOT) has welcomed the government’s attempts to provide more predictability to companies through the Corporate Tax Roadmap. However, a narrow focus and the lack of a clear statement of strategic aims misses a trick for greater coherence across business taxation and wider government priorities.
Read more »MTD must work properly before the threshold is lowered, warns LITRG
30 Oct 2024The Low Incomes Tax Reform Group (LITRG) has expressed concern in response to today’s Budget announcement that the income threshold for having to join Making Tax Digital for Income Tax1 is to be lowered from £30,000 to £20,000. We do not yet know the timeline for this change. This is to be announced at a future fiscal event, but today’s documents confirm that it will be by the end of this Parliament (2029).
Read more »CIOT's Scottish response to the UK Budget
30 Oct 2024Commenting on today’s UK Budget, Sean Cockburn, chair of the Chartered Institute of Taxation’s Scottish Technical Committee, said:
Read more »IHT change likely to lead to more lifetime gifts
30 Oct 2024The Chartered Institute of Taxation (CIOT) has reacted to changes to inheritance tax, capital gains tax and taxation of non-doms in today’s Budget.
Read more »Government announce decision on tackling non-compliance in umbrella company market
30 Oct 2024The Low Incomes Tax Reform Group (LITRG) has responded to today’s Budget announcement1 that from April 2026 recruitment agencies, or end clients where there is no agency, will be responsible for accounting for PAYE tax and NIC on payments made to workers that are supplied by umbrella companies.
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