With 13 days to go before Finance Minister Nirmala Sitharaman rises in Parliament on February 1, policymakers, businesses and ...

No rate cuts, fewer tweaks: tax experts want FM to focus on fixing everyday pain points that continue to trouble taxpayers ...

According to figures obtained through a Freedom of Information Request (FOI) by national accountancy group UHY Hacker Young, ...

Capital gains are taxed in the owner’s hands. If the land is in the owner’s name and no part has been gifted to the spouse, ...

HMRC overcharged taxpayers £3.5 billion in income tax the latest data shows, with tax coding errors largely to blame.

HMRC loses more than 60% of cases when taxpayers appeal an automated penalty it has imposed, new figures show.

"Penalty reform rules mean customers are given points for failing to submit quarterly updates or their tax return, on time." ...

Receiving an IRS notice with an outstanding balance can be concerning, especially if it is not possible to pay the full ...

HMRC has responded to calls to increase everyone's personal allowance from £12,750 to £20,000, following a petition signed by more than ...

Aggregate Meals and Rooms tax revenues have been just shy of targets (-1.1%) to date. The share of this revenue source going ...

Are you getting unexpected phone calls claiming you owe back taxes? The Federal Trade Commission (FTC) has a simple piece of ...

Russia ran a budget deficit of 5.6 trillion roubles ($72.12 billion), or 2.6% of GDP, in 2025, the Finance Ministry said on ...