The Latest Breaking News from Income Tax

At a time of soaring inflation, frozen income tax thresholds have a ‘profound effect’, according to former pensions minister Sir Steve Webb.

PM’s remarks pave way for radical overhaul that could include rethinking income tax brackets

EC wrote to Law Ministry last week to lower limit for declaration of donations from ₹20,000 to ₹2,000

Apple Inc said on Monday prices of apps and in-app purchases on its App Store will increase in several countries including Japan, Malaysia and all territories that use the euro currency, from next month. The new prices, excluding auto-renewable subscriptions, will be effective as early as Oct. 5, Reuters quoted…

Plans said to be considered by the new Chancellor include bringing forward a 1p cut to income tax, as well as reversing the National Insurance hike and scrapping an increase to corporation tax

Usually, assets worth more than £325,000 are taxed at 40% when inherited by an individual in the UK but King Charles won't have to pay up.

The Centre for Policy Research, which has recently come under the tax scanner for alleged irregularities in funding, prides itself on staying true to its “non-partisan” and “independent” values. Since its inception in 1973, the think tank has undertaken studies on almost every topic under the sun, and its academic…

Australia Institute urges 60% income tax on earnings above $1m a year

The signatories expressed their solidarity with “all of us” and termed the recent actions alarming and unfounded.

Monarch is exempt under 1993 agreement but Charles will pay income tax as his mother did

‘Sensible’ to use windfall levy or solidarity taxes to limit extra borrowing, says thinktank