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The Latest Breaking News from Income Tax

Autumn Budget 2022: All the key points from Jeremy Hunt’s statement

Chancellor sets out plan to ‘rebuild our economy’

The Independent UK

Millions to pay more tax after Jeremy Hunt Autumn Statement

Jeremy Hunt announced the government's financial policies

Liverpool Echo

Jeremy Hunt clobbers ALL Brits with barrage of tax rises and cuts as UK in recession

Jeremy Hunt has announced tens of billions of pounds of cuts and stealth tax rises in the Autumn budget statement - from council tax and income tax to energy bills, minimum wage and the state pension and benefits

Daily Mirror

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Jeremy Hunt extends freeze on Income Tax thresholds - meaning millions will pay more

Income Tax and National Insurance thresholds are set at £12,570. This threshold has already been frozen for four years to April 2026, but this will now be stretched to April 2028

Daily Mirror

What is ‘fiscal drag’ and how has Hunt used it in his autumn statement?

Stealth tactic pulls more taxpayers into higher brackets by freezing thresholds despite higher cost of living

The Guardian - UK

Everything you need to do NOW to protect your money ahead of Autumn Statement

The Autumn Statement is set to confirm about £21billion of tax rises and £33billion of public spending cuts a year by 2027/28, to try and fill the £54billion black hole

Daily Mirror

IT raids on prominent business family of Kashmir

LUDHIANA: In major action against tax evasion in Kashmir Valley, Investigation wing of the Income Tax Department on Wednesday conducted raid on businesses belonging to a prominent family of Srinagar.

The Times of India

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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

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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Reason

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.

Chronicle Live

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.

Pedestrian.tv

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.

Kiplinger

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.

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news in one place.

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The New Daily

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.

Daily Mirror

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

The Guardian - AU

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

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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