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HMRC tax scam warning as 'malicious' email could see criminals access your bank account

www.mirror.co.uk

The warning has come from the consumer group Which? who discovered that a fake HMRC email was being sent to Brits saying they are eligible for a tax rebate

Trump Tax Plans: Everything You Need To Know

www.newsweek.com

In his bid for the White House, Trump has announced several key tax policies.

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Elon Musk May Have Endorsed Trump, But Tesla Would Have Done 'Even Worse' Without Biden's $7.5K EV Tax Credit, Says Fund Manager

www.benzinga.com

Trump is not pro EVs but at least the bonhomie between him and Tesla CEO Elon Musk could save the day for the company.

State pensioners face income tax ‘nightmare’ if they earn just £413 next year

www.express.co.uk

State pensioners look set to get another inflation-busting increase next April thanks to the triple lock, and it's going to trigger a tax "nightmare", one expert warns.

HMRC warning as millions of pensioners face income tax bill hike

The amount of pensioners paying income tax is expected to reach nearly nine million in the next tax year, as calls grow for the new Government to tackle the issue

New tax rules for millions of UK households who 'don't realise quite how bad'

Jeremy Hunt, the shadow chancellor, said it was “absolute nonsense” to suggest Labour had taken on a financial mess.

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Windfall tax: FG collecting taxes on already reported profit could deter future investment – PwC

nairametrics.com

Tax and Advisory Service firm, PricewaterhouseCoopers (PwC) has stated that the federal government’s latest legislation to tax already reported profits of banks in 2023 could deter future investments into the country.

New tax rules and millions of UK households face 'moment of truth'

The new Labour Party government has been warned a 5.5 per cent pay hike for public sector workers is not ‘consistent’ with spending plans that rule out tax rises.

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New car tax rules and VED charges to 'create a fairer system'

New car tax changes will be rolled out from April 1, 2025 but could hit some motorists hard in the pocket.

The Productivity Commission wants to axe a key tax break for private school donations – but the government is determined to keep it

theconversation.com

The richest 1% of schools get 36% of the support delivered through tax-deductible donations, a situation the Productivity Commission wanted to end.

Union Budget wishlist: Tech industry seeks simplification of tax regime

yourstory.com

The Indian technology industry is also hoping that the Union Budget will set the agenda for increased investments in advanced technologies such as AI.

ITR 2024: Step-by-step guide to check income tax refund status online

www.dnaindia.com

Timely filing is crucial to ensure you can claim any eligible tax refunds.

How much tax will I pay on a deferred state pension lump sum under pre-2016 rules? STEVE WEBB replies

www.dailymail.co.uk

If you deferred under the pre-2016 state pension system you get a lump sum option. Steve Webb explains the tax rules - and what happens if you die before taking it.

Do I have to declare capital gains and dividends if they are tax-free?

www.dailymail.co.uk

I held some shares in investment trusts outside of an Isa and sold them all in March, so that I could take my profits before the capital gains tax allowance was cut.

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Drivers of popular family models among those to pay more car tax in 2025

Major road tax changes will impact millions of drivers from next year

How to tax private equity properly

www.ft.com

A protracted game of chicken is under way over the ‘carried interest’ loophole

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The tourist tax is just 18 months away so start preparing now - Caroline Colliston

www.scotsman.com

Implementation of the Scottish Visitor Levy is just 18 months away, so providers of overnight accommodation should be aware of what it entails and what it requires of them, writes Caroline Colliston

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Govt targets N2tr in banks’ forex gain tax

thenationonlineng.net

The proposed one-off tax on 2023 foreign exchange (forex) gain by banks may fetch the Federal Government not less than N2trillion, it was learnt at the weekend. President Bola Ahmed

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FG mulls suspension of N10 sugar tax on beverages

www.vanguardngr.com

The federal government is currently looking into a temporary suspension of the N10 tax on Sweetened Sugar Beverages (SSBs) as part of an economic stabilisation plan.