The Latest Breaking News from Income Tax

The prime minister who originally introduced the stage three tax cuts to the parliament says you would probably not legislate them today, given their growing cost and the deteriorating budget position.

She promised a “bold plan” to cut taxes and grow the economy and “deliver on the energy crisis”

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

Jeremy Hunt has torn apart Liz Truss' disastrous mini-budget in an attempt to stabilise the markets, reversing the Governments' promised 1p cut in the basic rate of income tax

We examine the relative fortunes of some sample households under Kwasi Kwarteng’s mini-budget and Jeremy Hunt’s revised plans