While the tax deadline has passed for the 2024/2025 tax year, if you applied for an extension or meet other requirements, you ...

As announced at Autumn Budget 2024, the government will introduce legislation in Finance Bill 2024-25 to retain the 0% band ...

Adobe Missouri lawmakers are debating a tax cut that will mostly benefit the wealthiest in the state, while relying on an ...

This is crucial because it will help you optimise your tax liabilities. Recent tax changes ... Tax Act of 1961 for setting off a capital loss: Note: The tax provisions discussed above are ...

When a Subscriber reaches the age of Superannuation/attaining 60 years of age, at least 40% of the accumulated pension wealth ...

It is important to note that any additional income you get ... you can reduce that drawdown to help you lower your tax liability. If you are paid via an annuity, you are kind of stuck as that ...

The income tax department has issued two notifications specifying the list of luxury goods on which tax will be collected at ...

Note: This example is from the KY Department ... Because interest fees could increase your state tax liability from April 15 to November 3, the Kentucky Department of Revenue encourages taxpayers ...

Tax credits are a powerful way to save money on taxes. Each dollar of a tax credit is subtracted directly from the amount of ...

In the case of Kalmar India Private Limited vs Union of India & Others, the Bombay High Court addressed a prolonged delay in the implementation of an income tax refund order dated March 4, 2021. The ...

JJ van Wyk, executive financial adviser from Momentum Financial Planning, says now is the time to prepare to optimise your tax returns, reduce unnecessary tax burdens, and avoid last-minute stress.

These two tax terms are probably the ones my clients confuse most often. Think of a tax credit as a gift card applied to your ...