There are two methods for computing deductible expenses related to a vehicle. Actual costs or standard mileage allowance.

President Trump has recently floated the idea of a temporary pause on the 25% tax on imported cars ... (He bought up coffee beans, too.) Whether you do your own work or take your car to a shop, when ...

car, jewelry, or big credit card purchases.Filing your insurance claims as soon as possible is also important, as you deduct any insurance reimbursement from disaster losses claimed on your tax return ...

If the differential is much larger, it makes more sense to apply it to your highest rate debt.If your refund reduces but does not eliminate your credit card debt, see if you qualify for a ...

The instant tax ... tax deduction for all Australian workers. Picture: Jason Edwards “This reform fixes that – and it fixes it forever. It takes away the hassle of tracking your expenses ...

Is vehicle sales tax deductible? See how you can lessen your tax burden. Find out who qualifies and how you can claim and calculate your deduction.

If you use your car for business, you can deduct some or all of your insurance expenses from your taxes. This includes self-employed business owners, contractors, freelancers and people who drive for ...

Drivers issued with demands to pay their vehicle tax are being urged to use a new, much simpler, system put in place by the DVLA. Suppose you’ve lost your documents and are trying to lodge your ...

Motorists who have received demands to pay their vehicle tax are being encouraged to utilise a new, more straightforward system introduced by the DVLA. If you've misplaced your documents and are ...

In some cases, you can deduct the contributions paid from your overall net income. To qualify, you must indicate the amount of contributions paid on your income tax return. We tell you the rules ...

Not all tax-saving allowances are created equal. Some more than others can provide substantial tax benefits, significantly impacting your take-home salary and tax outgo. Mint helps you understand ...