The Latest Breaking News from Income Tax

Shona Robison's comments come after the Record revealed the Government is considering raising income tax rates.

Billionaire spending in the 2022 midterm elections was up 44% compared to 2018–but a minimum income tax on billionaires is gaining support in Congress.

EXCLUSIVE: It is understood tax rates could rise in the Scottish Budget in order to address funding challenges

Here are the best states for families with middle incomes (due to low tax burdens).

Kentucky’s income tax will go down in 2023. Who does it help?

The research, published on the eve of the Scottish Government's Budget, was carried out by the IPPR Scotland think tank

Texas homeowners have some of the highest property tax bills in the nation, a byproduct of the state’s reliance on such taxes to help pay for public schools and the state’s lack of an income tax.

Calling the charges “bereft of merit”, a Delhi court has dismissed a complaint by the income tax department against Newslaundry, its CEO Abhinandan Sekhri, and others. 

The government is establishing a new one-stop service centre to stimulate foreign direct investment and outlays on international headquarters and regional offices.

NEW DELHI: The budget should focus on measures to accelerate job creation and broaden the tax base by rationalising GST and personal income tax slabs to boost consumption, industry bodies said in their pre-Budget meeting with finance minister Nirmala Sitharaman on Monday.

Make no mistake, the contents of this financial statement are hitting the ‘just about managing’ middle classes devastatingly hard. No jam in sight anywhere for the JAMs… By freezing the basic and higher rate income tax thresholds until 2028, the Treasury hopes to raise £6 billion, as this stealth tax…