Senior citizen fixed deposits are a safe and reliable investment option, but individuals must consider interest rates, tax ...

Currently, basic-rate taxpayers can earn up to £1,000 in interest tax-free, and higher-rate taxpayers have a £500 allowance.

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

Hungarian Prime Minister Viktor Orban announced an income tax exemption for mothers of two or three children and said he ...

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

The Ministry of Finance has rejected a proposal to tax interest income from bank deposits.

Savers could lose as much as £360 per year each if Cash ISA rules were changed by Chancellor Rachel Reeves. Rumours persist ...

Only self-employed individuals are eligible for a tax deduction. You will need to keep detailed records to prove your business use when you file your taxes. Car loan interest is deductible in ...

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.

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

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