Finance News – Tax
What is your interest today?
- ABC News Business
- BBC Business
- Business Insider Markets
- CBC Business
- City A.M.
- CNBC Business
- CoinDesk
- Cointelegraph
- Crypto News
- CryptoSlate
- Decrypt
- Economic Times Markets
- Euronews Business
- Financial Post Top Stories
- Financial Times
- Finextra Crypto
- Finextra Market
- Finextra Wealth
- Globe and Mail Investing
- Investing.com Global Markets
- Investing.com Global Mkts
- Investopedia
- Kiplinger
- MarketWatch MarketPulse
- MarketWatch Top Stories
- Quartz
- Sky News Money
- Sydney Morning Herald Biz
- Sydney Morning Herald Business
- TechCrunch Fintech
- The Block
- The Guardian – Business
- WSJ Markets News
Top private school faces job cuts after Reeves’ tax grab
The introduction of VAT on school fees by the Labour government has created financial challenges for a well-known private institution, potentially leading to reductions in staff to...
Read Full Article →The $1 Million Retirement Question: Are You Being Tax-Smart About Your Pension?
A financial advisor highlights important factors to consider when managing a pension for retirement and suggests four approaches to optimize tax efficiency and maximize long-term f...
Read Full Article →HMRC has ‘lost control’ of small businesses as missing tax hits 40%
A substantial portion of unpaid taxes originates from smaller companies, which represent nearly two-thirds of total outstanding revenue, indicating significant challenges in tax co...
Read Full Article →Five Surprising GOP Senate Bill Tax Changes to Know
The proposed Senate GOP tax adjustments in the new bill could impact various financial sectors, prompting discussions about potential shifts in taxation and budget allocations acro...
Read Full Article →Is crypto still taxed in Australia? Major legal update explained
Australia’s recent policy classifies cryptocurrency as taxable property, applying capital gains rules to various transactions while increasing enforcement efforts that impact over...
Read Full Article →Ohio House Approves Bill Exempting ‘Bitcoin Users’ From Minor Tax Burden
The proposed legislation aims to reduce tax obligations for cryptocurrency participants, potentially impacting the financial responsibilities of digital asset users and miners with...
Read Full Article →Ohio passes blockchain bill allowing $200 tax-free Bitcoin payments
The new legislation permits residents to receive up to $200 in Bitcoin without incurring taxes, potentially encouraging greater use of digital currencies and fostering economic inn...
Read Full Article →Labour is locking Britain into a high-tax, low-growth doom loop
Rising taxes, increased borrowing costs, higher unemployment, and inflation are contributing to slower economic growth, prompting concerns about the long-term financial challenges...
Read Full Article →🌎 Don’t expect a rate cut
Current economic indicators suggest that interest rates are likely to remain unchanged, impacting borrowing costs and investment decisions while tax negotiations continue to influe...
Read Full Article →How Senate GOP 'no tax on tips' proposal differs from House Republican plan
The Senate’s approach to exempting gratuities from taxation presents variations that could impact revenue collection and economic behavior differently compared to the earlier House...
Read Full Article →Thailand approves five-year crypto tax exemption
Thailand’s decision to exempt cryptocurrency earnings from taxation for five years aims to encourage investor participation and growth within the regulated digital asset market sta...
Read Full Article →My mother-in-law, 95, has $400K in stocks. Would it be smarter taxwise to gift it to her kids — or l...
Transferring a substantial stock portfolio either as a gift during one’s lifetime or through inheritance can have different tax consequences, which may impact the overall financial...
Read Full Article →‘You’ll have to wait and see’: Reeves’ deputy can’t rule out autumn tax rises
The Treasury chief secretary indicated that future fiscal decisions, including potential tax increases in the autumn, will depend on upcoming economic forecasts and will be careful...
Read Full Article →I'm a Financial Professional: This Is the Roth Conversion Mistake Too Many People Make
Converting a traditional IRA to a Roth IRA can offer long-term tax advantages, but making uninformed decisions regarding the timing and amount may lead to unexpected financial cons...
Read Full Article →Brazil Sets Flat 17.5% Tax on Crypto Profits, Ending Exemption for Smaller Investors
The new 17.5% tax on cryptocurrency gains in Brazil removes previous exemptions and is designed to increase government income from digital asset transactions across all investor le...
Read Full Article →High court dismisses challenges against adding VAT to UK private school fees
The court's ruling upholds the government's authority to impose a 20% tax on private education fees, potentially increasing revenue streams and affecting household expenses in the...
Read Full Article →Private schools lose VAT court challenge
The court's decision means that private schools will be required to continue paying the newly introduced tax, potentially increasing their operational costs and affecting their ove...
Read Full Article →UK firms dodge Reeves’ tax raid with WFH roles abroad
Some UK businesses are employing remote workers based overseas to reduce expenses and minimize the impact of new tax measures and regulations targeting domestic employers.
Read Full Article →Council tax spike to pay for Reeves spending plans
A recent analysis indicates that local tax contributions will increase significantly to fund upcoming municipal expenditures outlined in government financial strategies, marking th...
Read Full Article →Economists warn Rachel Reeves could be forced to make ‘£20bn tax grab’
Following the announcement of increased government expenditures across various sectors, experts indicate that significant revenue increases may be necessary to address fiscal chall...
Read Full Article →Rachel Reeves delivers spending review and says use of hotels for asylum seekers to end ‘in this par...
Ending the use of hotels for asylum seekers during this parliamentary term is projected to reduce government expenditures by approximately one billion pounds annually, impacting bu...
Read Full Article →UK GDP growth expected to slide after Awful April
Economic forecasts indicate a slight contraction in the UK’s output for April, influenced by increased taxation and rising energy costs, potentially undoing the modest expansion re...
Read Full Article →Song A Day creator recounts ‘tax nightmare’ after making millions from NFT sale
Jonathan Mann’s substantial earnings from a rapid NFT sale resulted in complex tax obligations, highlighting the financial challenges artists may face when profiting significantly...
Read Full Article →Switzerland greenlights sharing crypto tax info with 74 nations
Switzerland’s upcoming implementation of automatic cryptocurrency data sharing with numerous countries aims to enhance international tax compliance and improve transparency in digi...
Read Full Article →Bitcoin Threatens $100K, Crypto Losses Grow as Musk/Trump Feud Goes Nuclear
The escalating conflict between influential figures has contributed to increased market volatility, resulting in significant declines in cryptocurrency values and raising concerns...
Read Full Article →UK makes new concessions to private equity on tax crackdown
The government has introduced adjustments to the tax rules affecting carried interest, potentially easing the financial obligations faced by private equity firms under the revised...
Read Full Article →Rob Cross: Darts star banned as director over unpaid tax of £450,000
Rob Cross has received a five-year prohibition from holding directorships following his company’s significant failure to settle a tax debt exceeding £460,000 with HM Revenue and Cu...
Read Full Article →Here’s where all of Trump’s tariffs stand as his 50% tax on steel and aluminum imports goes into eff...
The implementation of high tariffs on steel and aluminum imports by the U.S. administration has impacted trade dynamics and could influence domestic production costs and internatio...
Read Full Article →UK services jobs decline on ‘longest streak’ since financial crash
The prolonged reduction in employment within the UK service industry reflects ongoing economic challenges, as companies struggle to preserve profitability amid rising labor expense...
Read Full Article →Doubled tariffs raise concerns Canadian steel could be shut out of U.S., but some companies say they...
The increased duties on steel imports may significantly impact Canadian producers' access to the U.S. market, prompting certain firms to explore strategies to adapt to the evolving...
Read Full Article →