Finance News – Tax
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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...
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