Inheritance Tax Crackdown

What to know about the 2025 inflation-adjusted tax brackets

CBS News business analyst Jill Schlesinger breaks down the new IRS 2025 tax brackets. Each year, the agency makes adjustments to the tax code to account for inflation.

Should I take out my pension tax-free lump sum?

Investment firms report a rush of clients looking to withdraw cash before the Budget

World - Financial Times - October 24

Biden administration expands tax credit for producing solar, wind and battery components

The Biden administration is expanding a federal tax credit that seeks to incentivize domestic production of components for solar and wind energy, as well as batteries. The Treasury Department ...

Politics - The Hill - October 24

Growth hit by freeze on tax thresholds, says BoE official

‘Tax-bracket creep’ has hit middle earners hardest, warns Catherine Mann ahead of a likely Budget extension

Business - Financial Times - October 24

Germany’s five-year tax haul to fall nearly €60bn short of forecast

Gloomier economic predictions will increase budgetary strains and government coalition tensions

Business - Financial Times - October 24

UK tax raid on private equity could raise £1bn, say researchers

Analysis of HMRC data by Centre for the Analysis of Taxation comes as industry braces for Budget changes

Business - Financial Times - October 25

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