A tax return is referred to as a ‘belated return’ when it is filed after the end of the original due date mentioned under ...
Making Tax Digital for Income Tax (MTD IT) quarterly reporting is already live in the current HMRC pilot, ahead of mandation ...
In a note published on LinkedIn, Kelly explained that many of the tax cuts announced as part of President Donald Trump’s One ...
First discussed ahead of Budget 2025, the joint taxation proposal suggests allowing spouses to file a combined return with a higher family-level basic exemption of around Rs 6–8 lakh. For ...
The Income Tax Department has exposed a nationwide network of agents facilitating fraudulent tax deductions and exemptions, ...
Taxpayers classified as resident and ordinarily resident must report overseas bank accounts, foreign shares or securities, ...
The first place to go if you're claiming tax credits, filing a return or simply checking your tax position is Revenue's own ...
The tax-free Personal Allowance has been the centre of attention once again following news that the government has extended ...
If you file an updated return later, you will have to pay interest and additional tax, and will not be able to claim refunds ...
The standard income tax Personal Allowance stands at £12,570. This is the maximum amount, under most circumstances, that you ...
You can earn up to £7,500 in rental income a year, without having to pay tax, thanks to the Rent a Room scheme - here is what ...
The court directed the refund of TDS erroneously deducted from an arbitral award, ruling that interest on the TDS is not payable. The Execution Petition was disposed of ...
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