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The Latest Breaking News from Income Tax

IRS Reveals New 2026 Child Tax Credit and other Family Credit Amounts

Key family tax breaks are higher for 2026, including the Earned Income Tax Credit and the Adoption Credit. Here's what they're worth.

Kiplinger

Millions of lower-income workers in Australia are set to benefit from proposed super changes. Here’s why

Treasury estimates Australians affected by boost will get an average extra $410, and could end up retiring with an extra $15,000 in super

The Guardian - AU

I Asked ChatGPT To Find the Best Places To Retire With Zero State Income Tax

ChatGPT reveals the best retirement states with no income tax: Wyoming, Florida and Nevada top the list, plus 6 runners-up with pros and cons for each location.

GOBankingRates

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We’ve reached our limits around tax in Scotland, says Robison

The Finance Secretary also suggested there are too many public sector bodies in Scotland.

Evening Standard

Everything We Know About The New IRS 2026 Federal Income Tax Brackets

The Internal Revenue Service announced changes to over 60 tax provisions that are expected to save Americans more money for the tax year 2026.

International Business Times

IRS 2026 Federal Income Tax Brackets Announced: Standard Deduction Raised, New Relief for Seniors

The Internal Revenue Service announced changes to over 60 tax provisions that are expected to save Americans more money for the tax year 2026.

International Business Times UK

Latest 2025 tax rules for foreign workers in Thailand

Foreigners working legally in Thailand face tighter tax regulations as the Thai government moves to align its tax system with international standards.

Bangkok Post

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New 2026 Income Tax Brackets Are Set: Will Your Rate Change?

The IRS has adjusted federal income tax bracket ranges for the 2026 tax year to account for inflation. Here's what you need to know.

Kiplinger

Raising income tax is ‘least damaging’ option for Reeves, says think tank

An economic think tank analysed the economic impact of raising income tax, corporation tax and value added tax (VAT).

Evening Standard

Budget 2025: Experts reveal which tax increase will have ‘least damaging’ impact

Economic analysis has revealed whether a income tax or VAT increase will be the better option for the economy

The Independent UK

IRS unveils federal income tax brackets for 2026 — how those changes affect you

Tax rate percentages will stay the same thanks to Trump’s One Big Beautiful Bill

The Independent UK

IRS releases 2026 tax brackets and higher tax deductions for 2025, 2026 tax years

The Internal Revenue Service on Thursday announced the annual inflation adjustments for more than 60 tax provisions.

Axios

The £100k tax trap: What it really means, the £9,600 hidden cost of a raise and how to avoid it

An effective tax of more than 60 per cent can mean your salary bump could actually cost you money

The Independent UK

Ask the Editor, October 3: Tax Questions on the Charitable Deduction

In this week's Ask the Editor Q&A, we answer reader questions on the charitable deduction.

Kiplinger

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The Guardian - AU

Optus among companies earning billions in Australia but paying no income tax

Latest ATO report reveals string of mostly multinational firms continue to be able to pay no or very little income tax, including Netflix, Apple and Microsoft

GOBankingRates

Florida Alternatives: 5 States With No Income Tax and Cheaper Homes

One reason people move to Florida is the lack of state income tax. However, if you want to save, check out these no-income-tax states with cheaper housing.

Evening Standard

London tax bombshell: 170,000 would be hit by stealth income threshold freeze extension

Rachel Reeves admitted during the Labour Party Conference that she no longer stands by her pledge last year not to raise taxes

GOBankingRates

Trump Wants To Eliminate Income Taxes: Here’s How Much Extra You’d Take Home If You Make $250,000 a Year

President Donald Trump has proposed the elimination of the federal income tax. But what would that mean for your take-home pay if you make $250,000.

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Kiplinger

New Tax Rules: Income the IRS Won’t Touch in 2025

From financial gifts to Roth withdrawal rules, here’s what income stays tax-free under the new Trump 2025 tax bill, and some information on what’s changed.

The Independent UK

How income tax could increase anyway despite Reeves U-turn

The prime minister refused to rule out income tax thresholds being frozen – which could lead to people paying more

Kiplinger

Living and Working in Different States Can Be a Tax Headache

Living in one state and working in another can trigger several tax issues. Here are several key points to consider if you find yourself in this situation.

Euronews

Revenues from corporate income tax in Europe: Which countries collect the most?

The share of corporate income tax in total tax revenues and GDP varies widely across Europe, reflecting differences in national tax policies. Euronews Business takes a closer look at the shares, rates, and what they mean.

Evening Standard

Starmer dismisses ‘personal ambitions’ of Burnham amid leadership speculation

The Manchester mayor proposed a 50p top rate of income tax and a tax cut for lower earners, in interventions widely seen as a leadership pitch.

The Independent UK

Reeves must abandon manifesto tax pledges, think tank says amid £30bn Budget black hole

The chancellor is facing mounting pressure to hike income tax amid an expectation that £30bn worth of tax rises will be needed in the Budget

GOBankingRates

I Asked ChatGPT How Much I’d Pay in Taxes If I Retired in Hawaii: Here’s What It Said

ChatGPT's answer seemed convincing at first glance, but I went back to Hawaii's tax code to see if it actually held up.

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