Frozen since 2021 are the £12,570 threshold at which earners begin forking out basic 20 per cent tax, as well as the £50,270 ...

Low-income tax filers and families should especially take a close look at tax credits while they file their tax returns. The ...

By Nidhi Jacob On February 1, 2025, Union Finance and Corporate Affairs Minister Nirmala Sitharaman announced that the nil ...

The earned income tax credit and additional child tax credit are “refundable,” meaning filers can claim a refund without tax ...

The Department of Government Efficiency has the objective of cutting government spending by $2 trillion per year out of $6.8 ...

Finance Minister Nirmala Sitharaman raised the nil income tax slab to ₹12 lakh for salaried individuals. This entails a tax ...

"By virtue of the rebate only taxpayers with incomes up to Rs 12 lakh under the new regime would not have to pay any tax ...

A campaign advocating for the increase of the income tax personal allowance from its current standard of £12,570 to £20,000 ...

Finance Minister Nirmala Sitharaman, while presenting the Union Budget 2025 on February 1, announced that she will table the ...

Key moment hit as Treasury to make official response to calls as millions hit by 'fiscal drag' with poorest paying more due ...

The petition's creator, Alan David Frost, says it's "abhorrent to tax pensioners on their State Pension when it is over the ...

On top of a new presidency, changing economic tides and more, we have another crucial money event to focus on soon: tax ...