Latest in Abolishes Tax
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Farmers 'betrayed' by £1m inheritance tax relief cap
Changes announced to inheritance tax rules could see the end of small family farms, warns the NFU.Top stories - BBC News - Yesterday -
Workers warned Budget tax rises will hit their wages
Economists say tax rises in the Budget will mean employers have less to give as pay rises.Top stories - BBC News - 8 hours ago -
Treasury must compensate Scotland for tax hike - Robison
The Scottish finance secretary has warned a rise in National Insurance could cost the government £500m.Top stories - BBC News - 13 hours ago -
Here's what to do if you still can't pay taxes on the Oct. 15 tax extension deadline
The tax extension deadline is Oct. 15, but some disaster victims have more time to file. Here's what to know if you still can't pay your balance.Business - CNBC - October 15 -
Overseas UK territories are the ‘biggest enablers of corporate tax abuse,’ tax advocacy group says
British overseas territories are the world's top enablers of corporate tax abuse, according to a ranking by tax advocacy group Tax Justice Network.Business - CNBC - October 17 -
North Dakota voters could end property taxes — and pour ‘gas on the spark’ of a growing tax revolt
North Dakota voters will decide next month on Measure 4, which would repeal property taxes and bar counties, towns and other local governments from levying them.Business - MarketWatch - October 21 -
Trump tax plans could exempt 93 million Americans from income taxes
Even if Donald Trump wins the November election against Vice President Kamala Harris, his tax overhaul will require a friendly House of Representatives.Business - CNBC - October 21 -
The IRS reveals your 2025 tax brackets as Trump’s tax cuts are set to expire
The standard deduction will be $15,000 for individuals next year, and $30,000 for married couples filing jointly.Business - MarketWatch - October 22 -
How new tax changes for 2025 could affect federal tax liabilities for families
The IRS has announced new changes affecting the earned income tax credit, child tax credit, adoption credit and annual gift tax exclusion for 2025.Business - CNBC - October 22 -
Autumn budget live: Rachel Reeves raises taxes by £40bn and increases spending on NHS and schools
Chancellor announces changes to employers’ national insurance contributions, inheritance tax, capital gains tax and other duties. Budget 2024: key points at a glance Full report: Reeves raises ...World - The Guardian - Yesterday -
UK bookmakers don’t want to (and probably won’t have to) pay more tax
Won’t somebody please think of Queen Camilla?Business - Financial Times - October 14 -
Trump and Harris Both Like a Child Tax Credit but With Different Aims
Kamala Harris’s campaign is pushing a version of the credit intended to fight child poverty, while Donald J. Trump sees the program primarily as a tax cut for people higher up the income scale.Business - The New York Times - October 15 -
U.K. Gambling Stocks Fall on Reports of New Industry Taxes
Shares in Evoke, Entain, Flutter Entertainment and Rank Group tumbled on the back of the reports, which suggest that the U.K. government is aiming to raise up to $3.9 billion from the sector.Business - The Wall Street Journal - October 14 -
The Papers: 'Prepare for higher taxes' and 'I legally punished' Sara
Some of Tuesday's papers lead on the chancellor's hint that business taxes will rise.Top stories - BBC News - October 15 -
Would Donald Trump’s taxes on trade hurt US consumers?
What could happen if Donald Trump drastically increases tariffs as he has promised to do?Top stories - BBC News - October 14 -
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For Entrepreneurs Hit by Hurricanes Helene and Milton, Tax Relief Is Here
The IRS extends its October 15 deadline for storm victims and reminds taxpayers about casualty loss deductions available.Business - Inc. - October 15 -
UK tax rises acceptable if part of pro-business Budget, CBI says
Rupert Soames believes companies will judge October 30 measures ‘in the round’Business - Financial Times - October 15 -
Reeves aims to close £40bn funding gap as she plans tax rises in Budget
Figure is significantly more than the £22bn fiscal hole the government previously identifiedBusiness - Financial Times - October 15 -
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All of Kamala Harris’s and Donald Trump’s proposed tax breaks — in two charts
Democratic presidential nominee Kamala Harris and Republican rival Donald Trump have floated many tax plans as they compete for votes in the tight White House race.Business - MarketWatch - October 16 -
Wealthy non-doms lobby UK for Italian-style tax regime
Push for Budget reforms to allow foreign residents to pay tiered charges amid fears of exodus of richBusiness - Financial Times - October 15 -
Can I transfer my property to my son to reduce tax liabilities?
I own a second home in Cornwall and spend a few weeks there every yearWorld - Financial Times - October 16 -
Hong Kong cuts liquor tax in an effort to reignite its nightlife industry
Hong Kong’s leader has announced a cut in liquor taxes as the Asian financial hub hopes to revive its reputation as a travel destination with a vibrant nightlife and dining sceneWorld - ABC News - October 16
