Personal tax allowance update as proposal to raise allowance to £20k passes threshold
A campaign calling for an increase in the income tax personal allowance from the standard £12,570 to £20,000 has hit an ...
Budget 2025 income tax: Personal tax announcements from the Budget and their impact
Recognizing the contributions of the middle class and with an objective to eventually phase out the old tax regime, various ...
People over State Pension age could see income tax threshold increase to £20,000
The full New State Pension is currently worth £11,502 in the 2024/25 tax year and will rise to £11,973 in 2025/26. This ...
Nottinghamshire Live on MSN2d
Update as plan to raise personal tax allowance from £12,570 to £20,000 passes key threshold
A campaign advocating for the increase of the income tax personal allowance from its current standard of £12,570 to £20,000 ...
Did You Win The Tax Lottery? Understanding the ₹12 Lakh Income Threshold in the New Tax Regime
In a significant move announced during the Union Budget 2025, Finance Minister Nirmala Sitharaman introduced new income tax ...
i5d
10 million pensioners to pay income tax as result of frozen thresholds
Another two million retirees will have to pay tax in the coming years after Labour confirmed it would be keeping thresholds at their current level ...
i5d
Ten million pensioners to pay income tax as result of frozen thresholds
Millions of pensioners will be dragged into the tax net over the next decade as a result of Labour’s decision to keep tax thresholds frozen. By 2032, around 10 million retirees are expected to be ...
News Nation on MSN4d
Which tax bracket am I in, and how much is the standard deduction?
Each year the Internal Revenue Service (IRS) sets new income thresholds for the various tax brackets to keep up with ...
Major update on plan for HMRC to raise personal tax allowance from £12,570 to £20,000
A petition launched on the Parliament UK website has soared past 10,000 signatures, meaning the government will have to ...
Income Tax: What is rebate under 87A which enables taxpayers earning upto ₹12 lakh to claim zero tax? An explainer
If you have seen the latest tax rates, you must have noticed that there is 5 percent tax on income between ₹4 to 8 lakh and ...
New regime narrows LTCG-regular income tax gap. Are equities still worth it?
Tax breaks introduced in budget 2025 have reduced the tax advantages of equity investments for small and medium investors, ...
Daily Record4d
People over State Pension age could see income tax threshold increase to £20,000
More than 12,000 people have signed an online petition calling on the UK Government to increase the personal tax allowance from £12,570 to £20,000 to help people on a low income “get off ...