An additional 2.5 million workers will be pushed into paying the higher 40 per cent income tax rate in 2025/26, as frozen tax ...

The petition calling for the amount people can earn before paying tax to be increased has received more than 32,000 ...

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 ...

The IRS is distributing about $2.4 billion to taxpayers who didn’t receive their COVID stimulus payments. By the end of ...

The IRS announced eligible U.S. taxpayers who did not claim the Recovery Rebate Credit on their 2021 tax return are in line ...

Get your forms together, it's tax season. So when will the IRS start accepting returns? What is the filing deadline in Ohio?

TEN unfortunate pensioners received just 52p in state pension last year, which is not enough for even a pint of milk. These ...

As the financial year inches towards the end, taxpayers are exploring tax-saving investments like ELSS funds, NPS, Sukanya ...

Here are eight easy ways to claim back money you might be owed. Check to see where you might be sitting on thousands, to make the new year a little bit happier. Recommended reading: ...

That said, you cannot simply go out and buy an electric vehicle and expect Uncle Sam to cut $7,500 off your taxes come April. In reality, the amount you qualify for is based on both your income ...

Standard deduction A fixed dollar amount based on your income and tax filing status that reduces the amount you’re taxed on. Consider it tax-free income that you keep before taxes apply to the rest.