The Latest Breaking News from Income Tax

As French income tax season opens, the government wants to know what people think should be done with their taxes, and has launched a programme for taxpayers to tell them.

The Chancellor faces calls to cut taxes as Government annual borrowing was £13.2 billion lower than the Office for Budget Responsibility forecast last month

The Income Tax Department is conducting checks at the offices of real estate firm G Squares in Tamil Nadu. Read more about the investigation on The Hindu.

Forty-three states and Washington, DC, collect income taxes every year—and seven states collect no income tax. Here’s where you can expect to pay more, or less.

The full new State Pension is worth £10,600 over the 2023/24 financial year.

Knowing how to lower your tax bill (pay less taxes) requires some strategizing. Here are a few tax tips to help make it happen.

As states look to generate more revenue in an inflationary economy, along with the risk of a recession, progressive governors like J.B. Pritzker of Illinois who advocate for progressive income taxes also support one of the most regressive taxes: lotteries. This sort of “taxation” increases revenue without the stigma associated…

President Joe Biden and his wife, Jill, made $579,514 last year and paid $137,658 in federal income taxes

THE First Minister has expressed interest in proposals which would see income tax hiked on the wealthiest in society to raise more money for the…