Changes to VAT penalties and interest from 01 January 2023

Call for review of High Income Child Benefit Charge The Low Incomes Tax Reform Group (LITRG) is calling on the government to address issues with the High Income Child Benefit Charge (HICBC).The HICBC is designed to claw back child benefit where the claimant or their partner earns in excess of £50,000. According to LITRG some…

|

New VAT penalty regime and other VAT news

Call for review of High Income Child Benefit Charge The Low Incomes Tax Reform Group (LITRG) is calling on the government to address issues with the High Income Child Benefit Charge (HICBC).The HICBC is designed to claw back child benefit where the claimant or their partner earns in excess of £50,000. According to LITRG some…

1.25% increase to NIC and dividend tax rates 

Call for review of High Income Child Benefit Charge The Low Incomes Tax Reform Group (LITRG) is calling on the government to address issues with the High Income Child Benefit Charge (HICBC).The HICBC is designed to claw back child benefit where the claimant or their partner earns in excess of £50,000. According to LITRG some…

Budget 2021

Call for review of High Income Child Benefit Charge The Low Incomes Tax Reform Group (LITRG) is calling on the government to address issues with the High Income Child Benefit Charge (HICBC).The HICBC is designed to claw back child benefit where the claimant or their partner earns in excess of £50,000. According to LITRG some…

| |

Update on Government schemes in response to COVID-19

Call for review of High Income Child Benefit Charge The Low Incomes Tax Reform Group (LITRG) is calling on the government to address issues with the High Income Child Benefit Charge (HICBC).The HICBC is designed to claw back child benefit where the claimant or their partner earns in excess of £50,000. According to LITRG some…

Autumn Budget 2017

Call for review of High Income Child Benefit Charge The Low Incomes Tax Reform Group (LITRG) is calling on the government to address issues with the High Income Child Benefit Charge (HICBC).The HICBC is designed to claw back child benefit where the claimant or their partner earns in excess of £50,000. According to LITRG some…

Changes to flat-rate VAT in more detail with examples

Call for review of High Income Child Benefit Charge The Low Incomes Tax Reform Group (LITRG) is calling on the government to address issues with the High Income Child Benefit Charge (HICBC).The HICBC is designed to claw back child benefit where the claimant or their partner earns in excess of £50,000. According to LITRG some…