The Latest Breaking News from Income Tax

With a much larger pension increase expected in April 2023, a bigger jump in the number of over-65s paying tax is expected

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

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

In December 2021, renewal of FCRA licence was denied, says Oxfam India