The Income Tax Department has made available a comprehensive comparison tool on their website, detailing the correlation between sections of the Income Tax Act, 1961 and the corresponding clauses of ...

Income taxpayers can now compare sections of the Income Tax Act, 1961 with the simplified Income Tax Bill of 2025 via the tax ...

With the end of the tax year approaching, people who are employed or receiving a pension may find themselves on the receiving ...

Anyone who missed a crucial HMRC tax deadline last week could be in line for a £100 fine - unless they’ve got a good excuse. The deadline for submitting Self Assessment tax forms was 11.59pm on ...

Myrtle Lloyd, HMRC’s director general for customer services, says: “Time is running out for the millions still to file their self-assessment tax return by January 31. “Help and support is ...

As of January 23, 2025, a whopping 8.6 million people have already filed their tax return. However, 3.4 million Self Assessment returns still needed to be filed before the cut-off date (January 31).

A lesser-known tax detail could see you pocketing up to £140 a year if your work requires you to operate from home. The self-assessment tax return deadline from HMRC indicates that this week is ...

Here's how to stay on top of it all. Tina Orem Self-Employment Tax: What It Is, How to Calculate It Self-employment tax is a mix of Social Security and Medicare taxes. Use our calculator to ...

Monday marks the first day that the IRS will start accepting and processing 2024 income tax returns. So whether you’re in a rush to get your refund or just wondering how long you can postpone ...

Anyone registered for Self Assessment for the 2023/24 tax year must submit their completed form online and pay any tax owed by this deadline. Missing the deadline could result in an automatic £ ...