Advocacy Group calls on UK to review anti-avoidance tax on loans

0
By Joseph Boris (October 12, 2021, 7:57 p.m. EDT) – A group representing low-income Britons has urged the UK government to consider suspending the implementation of a charge on employers who disguise workers’ wages to avoid l income tax and social insurance contributions, claiming that few people are willing to comply with the provision.

The Low Income Tax Advocacy Group, in a letter to Her Majesty’s Treasury Department on Oct. 6, said so-called loan charges should be reviewed during the government’s fall budget process this month. The objective would be to break a “dead end” which, according to the group, was reached between HM Revenue & Customs and the contractors concerned by the accusation. It is aimed at individuals …

Stay one step ahead

In the legal profession, information is the key to success. You need to know what’s going on with customers, competitors, practice areas, and industries. Law360 provides the intelligence you need to stay an expert and beat the competition.

  • Access to case data in articles (numbers, filings, courts, nature of prosecution, etc.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, requests, etc.
  • Create personalized alerts for specific case articles and topics and more!

TRY LAW360 FREE FOR SEVEN DAYS

Share.

Leave A Reply