News

The President of the Chartered Institute of Taxation (CIOT) will this evening say that the temporary closure of the helpline for self-assessment taxpayers from today is “another flashing indicator that HMRC can’t cope with everything it is being tasked with” and call on the government to resource HMRC to provide the level of service taxpayers need.

Making Tax Digital (MTD) is “out of control”, with HMRC vastly underestimating development and implementation costs and overestimating benefits to the exchequer of its flagship scheme, says the Chartered Institute of Taxation (CIOT) and Association of Taxation Technicians (ATT) following a damning report by the National Audit Office (NAO).

The Low Incomes Tax Reform Group (LITRG) has reacted to proposals set out in a new consultation on umbrella companies, welcoming the strong options for tackling tax non-compliance which they say go a long way towards addressing their longstanding and serious worries about disguised remuneration.

The temporary closure of one of the most-used taxpayer helplines suggests ‘a cry for help in a desperate situation’ says the Chartered Institute of Taxation.

The Low Incomes Tax Reform Group (LITRG) has reacted to the announcement that HMRC are to close their telephone self assessment helpline for three months from 12 June 2023.

The Low Incomes Tax Reform Group (LITRG) has published new guidance for taxpayers who might be considering using a tax refund company to help them obtain a tax refund.

The new President of the Chartered Institute of Taxation (CIOT), Gary Ashford, has urged ministers to provide HMRC with the resources needed to improve service levels to taxpayers and advisers.

The Chartered Institute of Taxation (CIOT) has announced its team of Officers for 2023-24. Current CIOT Deputy President Gary Ashford will become President, with Charlotte Barbour the Deputy President and Nichola Ross Martin Vice-President.

The Chartered Institute of Taxation (CIOT) has welcomed the launch of a consultation which offers the prospect of greater clarity on the capital gains tax (CGT) treatment of Decentralised-Finance (De-Fi) lending and staking services for cryptoassets.

The Low Incomes Tax Reform Group (LITRG) welcomes the government’s confirmation today that it intends to address an issue faced by some parents and guardians who have not claimed Child Benefit and may have missed out on future entitlement to a full state pension as a result. However, LITRG urges the government to ensure that those who may become eligible for backdated National Insurance (NI) credits are refunded any voluntary NI contributions made for relevant years.