A significant tax policy change has been proposed targeting the controversial carried interest tax loophole that has ...

It's time we recognize the singular importance of carried interest to economic progress and cease penalizing it altogether.

A deduction cuts the income you're taxed on, which can mean a lower bill. A credit cuts your tax bill directly.

The current interest rate HMRC pays on tax overpayments is 3.5% – set at the base rate minus 1% (with a minimum of 0.5%).

HMRC has pocketed £409 million in late payment interest from struggling taxpayers - triple the amount it raked in just two ...

The issue noted is that the difference in interest between late payments and refunds sees HMRC paying an interest rate of ...

Discover the basics of how the IRS tax refund works. Learn strategies for maximizing them and tips on how to use them wisely.

Analysts are warning over the impact of fiscal drag and how Britons may end up paying more tax on savings interest ...

With tax season right around the corner, it is necessary to know our income and expenses and how they affect our tax return.

When the Tax Cuts and Jobs Act, which President Donald Trump signed in 2017, expires at the end of the year, current caps on ...

Income tax laws now allow two self-occupied properties, making a second home a tax-saving and capital appreciation ...

When you sell a home, you'll need to pay taxes on the amount of money you earned on the sale as capital gains. However, if you live in the home for two of the previous five years before selling, you ...