Guide for budgeting produced

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Guide for budgeting produced

A guide to help those struggling in the current financial climate has been released.

The Low Incomes Tax Reform Group (LITRG) has produced an electronic guide which details such issues as redundancy, unemployment, tax credits, state benefits and other concerns brought on by the economic slowdown.

John Andrews, chair of LITRG, said: "Now, more than ever, it is important that people claim all that they are entitled to."

He urged anyone with changes in their circumstances to let HM Revenue & Customs know.

LITRG is a creation of the Chartered Institute of Taxation, intended to help those who cannot afford financial advice regarding tax.

It researches tax issues for people on low incomes and works towards addressing any such problems, attempting to make the tax system "simpler and fairer".

LITRG warns that people on low incomes do not have simple financial situations, explaining that they have to contact with several different government departments which do not always communicate properly with each other.

ADNFCR-323-ID-18861706-ADNFCR

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