Many people will be thrilled to see larger-than-usual federal income tax refunds — some may end up $500 to $1,000 bigger than ...

UK pensioners have welcomed clarity on HMRC personal allowance rules, after the government confirmed that retirees whose only income is the ...

The old tax regime refers to the system of income tax calculation and slabs that existed before the introduction of the new ...

The Tribunal held that an appeal should not be rejected merely due to long delay when sufficient cause is shown. It ruled that technicalities cannot defeat substantial justice and restored the matter ...

Approximately 800,000 higher-rate taxpayers – people with earnings between £50,270 and £125,140 – neglected to claim last ...

Middle-class taxpayers face disappointment as Budget 2026 offers no income tax relief. Instead, several changes could ...

Pramod Prabhudesai- When the Union Budget papers closed this year, one truth emerged from the complex web of the Finance Bill ...

A Government minister says that with more people being dragged into higher rates of income tax, it is 'increasingly important ...

Around 800,000 higher-rate taxpayers – those with an income between £50,270 and £125,140 – failed to claim last year. It works out at £1,756 of under-claimed tax relief per higher-rate taxpayer.

The personal income tax relief system should be simplified as the current filing process is getting more complicated and disconnected from everyday household realities, say tax professionals.

It’s good to see the Carney government recognize that Canadians are facing an affordability crisis, but tinkering with the GST credit simply won’t cut it. Now is the time to be bold, including ...