Some 7 million will pay 40 percent tax on some of their income through 2025-2026, according to the Office for Budget ...

The number of higher-rate taxpayers is projected to surge by 2.5m in 2025-26 due to the freeze on tax thresholds. The Office ...

Major campaign to stop people being hit by 'fiscal drag' meaning they're paying a lot more income tax finally gets official ...

The income tax thresholds have not risen with inflation since 2021 and will likely stay fixed until 2028. A separate think-tank, the Institute for Fiscal Studies, has warned this would bring 4.5 ...

The income thresholds for long-term capital gains are adjusted annually for inflation. If you compare the capital gains tax rates from 2023 and 2024 below, you can see the impact of inflation ...

The IRS said most taxpayers eligible for the federal stimulus payments, formally known as Economic Impact Payments, have ...

The federal government annually limits the amount of your earnings that is subject to the Social Security tax. For 2025, that limit is $176,100.

The official start date of this year’s tax filing season will be January 27, the IRS said Friday. That is the first day the ...

Both Labour and the Conservatives will keep income tax thresholds frozen until 2028 if they win the general election, meaning taxes will rise for many. Both parties intend to stick with the ...

Those who meet the income threshold and filed a tax return in 2021 can expect the money to be automatically paid to their bank accounts listed on their 2023 tax returns or to their most recent ...