The Latest Breaking News from Income Tax

There were 5.1 million higher-rate taxpayers in 2022-23, according to the latest figures supplied by HMRC.

Georgia rebate checks could pay out in 2025. Find out how much and what’s happening with state income tax cuts.

Mervyn King says there is ‘no harm’ in raising the basic rate of income tax as he urged Rachel Reeves to act over ‘silly things’ said before the election

The Earned Income Tax Credit was designed to help low- to moderate-income working individuals and families, but many don’t even apply for it.

Roundup of fact checks from the last week compiled by Full Fact.

A new tax law lands Iowa among the top ten states with the lowest income tax rates.

The Supreme Court on Thursday granted a week’s interim protection to NewsClick against tax recovery demands over “unexplained cash credits”, LiveLaw reported. The court, however, dismissed a writ petition filed by PPK Newsclick Studio Pvt Ltd, the company that runs the news portal, and asked it to approach the Delhi…

South Africa’s finance minister, Enoch Godongwana, cancelled the unveiling of the country’s 2025 budget as it was due to be released. The move is unprecedented in the country’s history.

America’s tax system is already highly progressive. A simpler, flatter structure would be fairer, raise more revenue, and fuel economic growth.