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Income tax rules explained: Can you use LTCG from a house sale to buy two homes in your children's names?
Taxpayers often look for ways to legally save tax after selling a residential property, especially when long-term capital ...
Large cash payments for property, gold, or cars are restricted. Daily expenses like groceries can be paid in cash. The Income ...
Mr Lewis explained: "Interestingly, you can claim the extra 20 percent back. So when you are a higher rate taxpayer, they get ...
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Got income tax alert for filing revised ITR before 31 December? Step-by-step process explained
While filing ITR initially, taxpayers can often overlook certain things or make mistakes. However, the mistakes in the ITR ...
Learn how the IRS updated 2026 tax brackets and thresholds, what's new compared with 2025, and smart ways to plan your taxes ...
“So if you have a large sum to reinvest, opening a cash ISA can currently help you shield up to £20,000 a year from the claws ...
Failure by an ROR to disclose, or incorrect disclosure of, foreign income and/or assets may attract these tax and penalty ...
The article highlights tax benefits for various loans, focusing on home loans, education loans, vehicle loans, and personal ...
Taxpayers now face a critical decision between old and new tax regimes, impacting their tax liability significantly. This ...
The new tax law, effective January 2026, exempted most Nigerian workers from PAYE, lowered corporate tax rates, and aimed to ...
Martin Lewis has clarified the rules around tax on savings. He explained some key principles for savers to remember in ...
Deductions for HRA, interest on a self-occupied property under Section 24(b), and principal repayment under Section 80C are ...
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