The VAT Flat Rate Scheme makes bookkeeping easier by allowing you to pay a fixed percentage of your VAT-inclusive turnover to ...

A: There was no change in Budget 2026 to any income tax bands or rates. As a result, the amount you can earn next year before ...

We explain how much stamp duty people pay, how much it adds to the Treasury coffers and what could replace it if it is axed.

For years, local budgets depended on booming land sales and VAT income. Now, both are falling - and Beijing faces some tough choices As China drafts its 15th five-year plan - the next entry in a line ...

A tax calculator tool from the nonprofit Tax Foundation looks at take-home pay after the new law, including write-offs like ...

Fernando Matesanz of Spanish VAT Services explains how EU VAT rules classify digital platforms as deemed suppliers when they ...

A Briland tourism business was hit with a $320,000 “maximum penalty” for its failure to pay more than $800,000 in due VAT and Business Licence fees over the five years to end-March 2023. The ...

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or ...

Nicole Fallon-Peek is a freelance journalist who has covered small business, careers and finance for 15 years. She is a small business owner and former managing editor of Business News Daily. Her work ...

The capital gain rules have changed for property sold on and after July 23rd, 2024. Today's Ask Wallet Wise query decodes the income tax rules for the computation of capital gains for FY2025-26.

Tax season officially begins today, as the IRS starts accepting individual tax returns for tax year 2023. Three-quarters (75%) of filers expect a refund, according to a new survey from Intuit Credit ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Thomas J Catalano is a CFP and Registered Investment Adviser with the state of South ...