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The Latest Breaking News from Income Tax

DWP benefits and pensions set to rise alongside inflation amid 'eye-watering' cuts

Chancellor Jeremy Hunt will deliver his Autumn Statement on Thursday, November 17, as state pensions and benefits are expected to rise in line with inflation rates in 2022.

Glasgow Live

State Pension increase next April could see 500,000 more people in retirement paying tax

A significant increase in the number of over-65s paying tax is expected in 2023.

Daily Record

Stealth tax rises Rishi Sunak is plotting next week would raid £35bn a year from Brits

Experts the IFS said extending a freeze on Income Tax and National Insurance thresholds to 2028 would be a huge windfall - and leave families with 'lower living standards'

Daily Mirror

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Alan Kohler: How to fix the budget – turn back time

Forty years of fiddling has disastrously undermined the tax system for short-term political gain (what a surprise!).

The New Daily

Massive Council Tax rise in 2023 under discussion in Rishi Sunak's Autumn Budget

Rishi Sunak and Chancellor Jeremy Hunt are discussing raising or scrapping the 3% 'referendum cap' on council tax rises in the Autumn Statement - which would clobber families with huge bills

Daily Mirror

South Carolina Gov. McMaster wins reelection against Democrat Cunningham to serve second 4-year term

COLUMBIA, S.C. — Gov. Henry McMaster won reelection Tuesday to a second four-year term as South Carolina’s chief executive, a historic win that puts the Columbia Republican on track to become the longest-serving governor in state history.

Tribune News Service

What the Autumn statement could mean for your money

Jeremy Hunt's announcement next week will have major implications for millions of people in the UK

Wales Online

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Teachers Unions Spent $22 Million Backing Massachusetts 'Millionaire's Tax'

The constitutional amendment is an attempt to undermine the state's flat income tax system.

Reason

Autumn Statement 2022 predictions: How will tax rises affect you and what will happen to the state pension?

What can we expect from the first major economic intervention from Jeremy Hunt and Rishi Sunak which is set for November 17.

Chronicle Live

Yr Handy 2 Min Explainer On How The Fk Almost 1/3 Of Big Aus Companies Paid No Tax In 2020/21

More than half of energy, mining & water corporations paid zero income tax.

Pedestrian.tv

Capital Gains Tax Rates 2026: What You Need to Know

Navigating capital gains tax can be complex, but knowing the applicable tax rates and thresholds can help you plan your investments.

Kiplinger

Australia’s largest firms post record tax bill, despite almost a third paying nothing

Australia's largest companies are paying more tax under a government crackdown on avoidance, but almost a third still contributed nothing.

The New Daily

Rishi Sunak's stealth tax raid set to cost Brits THOUSANDS - how it'll hit you

Rishi Sunak and his Chancellor Jeremy Hunt are looking at extending the freeze on Income Tax and National Insurance thresholds in the upcoming Autumn Statement

Daily Mirror

Almost a third of Australia’s large companies pay no income tax

Tax Office finds more than half major mining, energy and water companies paid nothing in 2020-21, a three-year high

The Guardian - AU

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Bangkok Post

Call for tax cut to help flood-hit businesses

Company executives want the government to help flood-hit entrepreneurs with a corporate income tax reduction, according to a Federation of Thai Industries (FTI) survey of its members.

The Times of India

Common ITR form for all taxpayers on anvil, I-T dept invites stakeholder comments

MUMBAI: The finance ministry on Tuesday proposed to come out with a user-friendly common income tax return form for all taxpayers, under which income from virtual digital assets will have to be disclosed under a separate head.

The Times of India

Confusion over selecting ITR form may end

NEW DELHI: The government may finally end the confusion over which form to select for filing income tax returns. On Tuesday, the Central Board of Direct Taxes (CBDT) woke up to the need to simplify life of taxpayers and floated a draft for public consultations.

Daily Mirror

Jeremy Hunt's Autumn budget 2022 predictions in full - how it will hit you

What time is the Autumn Budget 2022? Will the state pension increase in 2023, how will income tax thresholds freeze and will Universal Credit and benefits rise? Will PIP be means tested? Here’s everything you need to know about Jeremy Hunt's statement

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The Independent UK

IRS: Growing gap between US income taxes owed and paid

The IRS says the amount of income tax money owed but not paid to the government is projected to grow

Daily Mirror

Workers could be clobbered as Rishi Sunak considers 'stealth' income tax rise

The new Prime Minister is said to be looking at extending the freeze on income tax thresholds for two years as his Chancellor draws up plans for an autumn statement

Irish Mirror

Thousands of Irish workers to receive letters from Revenue saying they owe tax - everything you need to know

Revenue has already issued around 275,000 letters, with a further 100,000 expected to be sent in the coming weeks

Wales Online

What Rishi Sunak becoming Prime Minister could mean for your money

Some major decisions for pensions, benefits, and tax are on the cards

Newsroom.co.nz

In fairness to New Zealand’s tax and transfer system

Dodgy statistical work to generate headlines supporting higher taxation risks eroding the credibility of Oxfam’s aid work.

Daily Record

State Pension increase of 10.1% next April could see half a million more people in retirement paying tax

A significant increase in the number of over-65s paying tax is expected in 2023.

ABC News

Malcolm Turnbull, an architect of stage 3 tax cuts, still backs them, despite higher costs

The prime minister who originally introduced the stage three tax cuts to the parliament says you would probably not legislate them today, given their growing cost and the deteriorating budget position.

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