The new Act adopts a broad definition of income, covering salary, capital gains, perquisites, subsidies, and windfalls, ...
The issue is the absence of a precise statutory definition of income. Courts have expanded its meaning to cover all real economic gains unless specifically ...
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Brits demand change as MP forced to debate major tax threshold Reeves called 'costly'
A petition urging Chancellor Rachel Reeves to double the income tax threshold for state pensioners has hit 100,000 signatures ...
State pensions are forecast to surpass that limit by 2027 due to the triple lock, according to projections. Now a peititon on the Parliament website has hit 100,000 signups meaning a debate will take ...
In this episode of Tax Notes Talk, Damien Martin and Tony Nitti of EY analyze the first three of their top six tax cases from 2025, focusing on what constitutes income in CF Headquarters Corp. v.
MPs have been urged to re-examine plans to double the personal tax allowance for pensioners after more than 104,000 signed an official petition ...
Latest Income Slabs FY 2026-2027 after Budget 2026: Taxpayers will continue to pay income tax as per the ongoing income tax ...
For years, I opposed Universal Basic Income, firmly and reflexively. I treated it as a liberal fantasy — an invitation to idleness, a subsidy for stagnation, a sedative administered by a bloated state ...
Ask Kirsty McArthur what she does for work and she'll tell you: "I'm an artist." After a brief pause, she'll add: "And lots of other things." Like so many freelance creatives, Glasgow-based McArthur ...
The State Pension payment rises by one per cent for every nine weeks of deferral, equivalent to 5.8 per cent annually. There ...
Personal finance expert explained how married couples and people in civil partnerships can legally transfer money between each other to maximise tax-free savings allowances ...
"Anyone saving into a personal pension or other ‘relief at source’ scheme can get higher rate relief – but only if they claim it," says former pensions minister ...
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