John Andrews Chairman and Robin Williamson Technical Director of the Low Incomes Tax Reform Group (LITRG) survey a Budget with some generous measures for those on low incomes but also some catches
With above-inflation increases in age allowances rises in tax credit rates and a range of measures to make the tax and tax benefits systems easier for people on low incomes the Budget was mostly good news for that sector. However problems remain; and one measure intended for anti-avoidance purposes risks catching the innocent. Also LITRG is very concerned about the effect that cutting the staff of the Revenue departments will have on the quality of service for low-income customers who rely on those departments as their only source of help.
...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
John Andrews Chairman and Robin Williamson Technical Director of the Low Incomes Tax Reform Group (LITRG) survey a Budget with some generous measures for those on low incomes but also some catches
With above-inflation increases in age allowances rises in tax credit rates and a range of measures to make the tax and tax benefits systems easier for people on low incomes the Budget was mostly good news for that sector. However problems remain; and one measure intended for anti-avoidance purposes risks catching the innocent. Also LITRG is very concerned about the effect that cutting the staff of the Revenue departments will have on the quality of service for low-income customers who rely on those departments as their only source of help.
...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes: