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Stories published on Jun 29
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  • Stories published on Jun 29

Saturday, Jun 29

23

Keir Starmer's tax grab on wealth will force me to flee Britain, says SIR PETER WOOD

www.dailymail.co.uk

Wood created three businesses that were all FTSE 350 companies in their time and prides himself on having always paid his taxes in his home country.

20

IRS finalizes new regulations for crypto tax reporting

techcrunch.com

Crypto platforms will need to report transactions to the Internal Revenue Service, starting in 2026. However, decentralized platforms that don’t hold assets themselves will be exempt. Those are the main takeaways from new regulations that…

Maryland Collected Nearly $15 Million In Marijuana Sales Tax Revenue For First Quarter Of 2024

“The growing cannabis industry holds immense potential for economic growth for Maryland.” By Bryan P. Sears, Maryland Matters Cannabis taxes paid to the state of Maryland for the first three months of 2024 grew by less than 1 percent even…

19

Trump's Crypto Fortune, Proposal For Bill Allowing Federal Tax Payments In Bitcoin, And More: Crypto Weekly Round-Up

www.benzinga.com

As the week comes to a close, the world of finance and cryptocurrency has been anything but quiet. From former President Donald Trump‘s potential crypto fortune to the introduction of a bill allowing federal tax payments in Bitcoin, the…

18

HMRC gives update on when pensioners will get tax refund - are you owed money?

www.express.co.uk

One pensioner due a refund had trouble setting up an online tax account on the Government website.

17

GST raids on restaurants unearth massive tax evasion

www.thehindu.com

A series of raids conducted by GST officers in 42 restaurants since Thursday found a turnover suppression of ₹60 crore.

US Treasury finalizes crypto rules to prevent tax evasion

www.engadget.com

While people who own and sell cryptocurrency have always had to pay taxes on their earnings, a new rule finalized by the US Treasury Department can ensure that they're paying the proper amount on their sales. The new rule will require…

16

Married couples could be missing out on marriage tax allowance lump sums

www.express.co.uk

If you are married, you could be missing out on money with experts urging people to check if they are among the thousands that could be due money.

Here's what a Supreme Court ruling could mean for Biden's 'billionaire tax'

www.cnbc.com

Here's what a recent Supreme Court ruling could mean for wealth tax proposals from President Joe Biden and other lawmakers.

15

Tata Consumer Products Ltd Receives Income Tax Demand of INR 171.83 Crore for Assessment Year 2019–20

www.latestly.com

Tata Consumer Products Ltd on Saturday said it has received an income tax demand of Rs 171.83 crore for the assessment year 2019-20. In a stock exchange filing, the fast-moving consumer goods (FMCG) major said the “demand is not…

Marriage tax allowance warning as thousands missing out due to loophole

www.mirror.co.uk

If you're married, you might be overlooking potential financial benefits. Experts advise checking to see if you're among the many who could be entitled to money.

Tinubu sign executive order to remove tariffs, tax duties on pharmaceuticals

sundiatapost.com

ABUJA(Sundiata Post) – Nigeria’s number one man, President Bola Tinubu has signed an Executive Order to eliminate tariffs and taxes on imported pharmaceutical ingredients, with the aim to increase local production of healthcare products.…

13

Kaduna govt. to deploy digital technology on tax system

www.tvcnews.tv

In a major step towards modernising tax administration, the Kaduna State government has introduced Project CRAFT and the PAYKADUNA Portal. These digital initiatives will create a robust and transparent revenue system for the state. A…

Election 2024 manifestos: Parties’ pledges on tax and spending

inews.co.uk

All their key promises on public spending, capital spending, personal taxation and VAT, business taxes, triple lock and pensions, levelling up and borrowing and debt

12

Martin Lewis warns of 'annoying £1 tax pitfall' and how savers can avoid it

Martin Lewis has warned workers and savers alike that as little as an additional £1 of income or interest could push them over the income tax threshold, but offered some saving grace

11

Martin Lewis warns of ‘annoying £1 cliff edge’ in tax system and how savers can avoid it

www.nottinghampost.com

Martin Lewis warned taxpayers that just £1 extra can send them over the “cliff’s edge” of income tax, but detailed some ways they can circumvent the fall

Martin Lewis warns of ‘annoying £1 cliff edge’ in tax system and how savers can avoid it

Martin Lewis warned taxpayers that just £1 extra can send them over the “cliff’s edge” of income tax, but detailed some ways they can circumvent the fall

Martin Lewis warns Brits facing 'annoying £1 cliff edge' around income tax

www.mirror.co.uk

Martin Lewis was joined by tax experts Kari Mellon and Rebecca Benneyworth who explained how a tiny amount of extra money could people paying a lot more tax

Martin Lewis warns of 'cliff edge' in tax system around of just £1 extra income

www.express.co.uk

Martin Lewis warned about 'cliff edges' in the tax system explaining how just £1 extra can push you into a higher tax bracket