Latest in Tax Officials
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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.Top stories - CBS News - October 23 -
Should I take out my pension tax-free lump sum?
Investment firms report a rush of clients looking to withdraw cash before the BudgetWorld - 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 -
Germany’s five-year tax haul to fall nearly €60bn short of forecast
Gloomier economic predictions will increase budgetary strains and government coalition tensionsBusiness - 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 changesBusiness - Financial Times - October 25 -
Rachel Reeves aims to raise up to £20bn from national insurance rise
Employers’ contributions set to increase by 2 percentage points in next week’s BudgetBusiness - Financial Times - October 26 -
Trump doubles down on replacing income taxes with tariffs in Joe Rogan interview
Vice President Kamala Harris has attacked the tariff policy proposed by Donald Trump, calling it effectively a "sales tax" on Americans.Business - CNBC - October 26 -
Luxury, defence and construction companies hit by French tax hike
Chief executives warn that Michel Barnier’s plan will reverse Emmanuel Macron’s business-friendly reformsBusiness - Financial Times - October 27 -
Vance says eliminating federal income taxes is not ‘realistic’ as Trump floats it
Donald Trump has floated the idea of eliminating the federal income tax. In an interview with Meet the Press, his running mate, JD Vance, says the idea is not “realistic,” calling it an ...Politics - NBC News - October 27 -
California Governor Proposes $750 Million in Annual Film Tax Credits
Gov. Gavin Newsom wants to more than double the amount the state offers in incentives, which would make its program one of the nation’s most generous.Business - The New York Times - October 27 -
France and Germany attack UK plan to levy VAT on international school fees
Proposal to impose value added tax in the Budget risks damaging diplomatic ties, ambassadors sayBusiness - Financial Times - October 27 -
Budget watchdog will break impartiality, claims Hunt
The former chancellor says the publication of a review which could criticise the Conservatives on Budget day would "cross a line".Top stories - BBC News - October 28 -
Rachel Reeves’ tax-raising Budget will affect you for years
The bean counters are back in control with a chancellor who wants to change the rules without rocking the boat.Top stories - BBC News - October 28 -
Starmer does not rule out further tax rises after Budget
UK prime minister says government plan to borrow more for investment will not push up interest ratesBusiness - Financial Times - October 28