News

Millions of pensioners to pay an extra £3,019 in huge retirement tax bill
MILLIONS of pensioners will have forked out an extra £3,019 in income tax once the thresholds are unfrozen in 2028. Normally, ...
Taxes don't always retire when you do. But these 41 states won't tax your Social Security
Only nine U.S. states continue to require retirees to pay state income taxes on their Social Security benefits: ...
Braun signs income tax reduction bill. Why it might be hard for Hoosiers to see impact
Senate Enrolled Act 451 would further decrease Indiana's income tax rate starting in 2030. Thresholds for it to happen ...
Exactly how much 'stealth tax raid' will cost pensioners - and when it will hit
Finance gurus have raised the alarm, calling out what’s been dubbed a 'stealth tax raid' set to cost pensioners almost £3,000 ...
SMSF Adviser2d
Greens senator doubles down on lowering super tax threshold
Greens senator Sarah Hanson-Young has said the party will be advocating for “a fairer share” when asked about its proposal to ...
Business Matters2d
Inheritance tax hits record £8.2bn as frozen thresholds drag more families into net
HMRC inheritance tax receipts hit a record £8.2bn in 2024-25, driven by frozen allowances and rising asset values. Further ...
Business Matters4d
Fiscal drag to push 8.3 million more Britons into higher tax brackets by 2030
OBR warns 8.3 million people will pay more tax by 2029-30 due to frozen thresholds, as fiscal drag quietly raises the UK’s ...
The Sun12d
Over 8 million state pensioners to be hit with new ‘retirement tax’ over next three years – and how to avoid
MILLIONS of retirees are set to pay income tax on their pensions for the first time over the next three years, fresh figures show. In total, 8.2million people over the age of 60 will be dragged ...