The Latest Breaking News from Income Tax

While the increase in State Pension payments will help offset the costs of living, it also means more older people may have to pay tax - here's why

Nearly a million workers in London and the South-East are facing a tax “hammer blow” as more people are sucked into paying the higher rate of tax.

What Is the Alternative Minimum Tax?The alternative minimum tax, also known as the AMT, is a tax imposed on individuals who make a certain income, in addition to their income tax, to ensure that they pay the minimum amount of tax. The premise behind the AMT was to make sure…

The cabinet on Tuesday agreed to waive corporate income tax and value-added tax for companies that issue digital tokens for investment, a government spokeswoman said.

Income tax cuts are back at the centre of debate as key independents say the public won’t tolerate another tax break for the very wealthy.

In the past several years, various economists have called for restructuring Thailand's tax system but met with little response from the government or society at large.

Married Black couples often pay more in federal income tax than White married couples. And the racial disparity in California may exceed the national average.

Tax Day for most people is April 15. This is when federal income tax returns are due. But some people have some extra time to file. Are you one of them?

The government needs to revamp the tax structure, especially the personal income tax, to bridge the income gap and ensure a fairer system, according to the National Economic and Social Development Council (NESDC).