The Latest Breaking News from Income Tax

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

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

The Delhi High Court has sought a response on a petition filed by Newslaundry against the reassessment notices issued to it under the Income Tax Act for 2017-2018 and 2019-2020. The reassessment notice was issued on grounds that the assessment of income for these years was not done.

Here's a breakdown of income and rates for next year.

Taxpayers will get fatter standard deductions for 2023 and all seven federal income tax bracket levels will be revised upward as the government allows people to shield more of their money from taxation because of persistently high inflation

The cabinet on Tuesday agreed to a waiver of personal income tax for foreign actors and actresses for five years, aiming to generate more than 3.5 billion baht in revenue from investments in foreign film productions.

Mirror money experts will take you through everything you need to know about money changes coming down the tracks from Chancellor Jeremy Hunt, including more Income Tax and possibly higher energy bills

Chancellor Jeremy Hunt scrapped plans to cut the basic rate of income tax from 20% to 19%.

From income tax to national insurance, here’s how Liz Truss’s ever-changing economic policies could affect you