The standard deduction is rising to $32,200 for married couples filing jointly in 2026, an increase of $700 over 2025.
If you’re retired and filing taxes, these tax credits and deductions could provide thousands in relief (if you qualify).
Bermuda and the Bahamas aren’t exactly big players in the oil-and-gas world. They don’t produce any of the fuels at all. Yet the islands are deep wells of profit for European oil giant Royal Dutch ...
People who are found to be deliberately avoiding telling HMRC about certain changes in their lives could face extensive ...
Speculation is rife chancellor Rachel Reeves has plans to target inheritance tax once again in her upcoming Budget. But the 7 ...
The IRS announced higher income thresholds, which means taxpayers will get taxed less on lower income amounts.
HMRC estimates that around 780,000 self-employed people and landlords will be required to use MTD for Income Tax from April ...
The global economy could shed more than 1% of output if international talks to rewrite cross-border tax rules break down and trigger a trade war, the OECD said on Monday, after countries agreed to ...
Employers are not always responsible for informing HMRC of changes, and workers could be held liable if they’re found to have ...
Tom Selby, director of public policy at AJ Bell, which launched the petition, said: ‘Pension savers across the UK have sent a clear message to the Chancellor: we need a firm commitment to a Pension ...
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Before you go shopping for Diwali, find out how much gold you can keep at home. You'll be surprised to learn this income tax rule..
Diwali is approaching, and on Dhanteras, every household in India buys gold, silver, and other items. But before Diwali and ...
A new online petition is urging the UK Government to pass a “law which exempts all pensioners in Britain from paying Council ...
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