In the case of a business or profession newly set up, or a source of income newly coming into existence in any financial year, the tax year shall be the period beginning with— (a) the date of setting ...

An annuity allows someone to cash in their pension, using the lump sum that has been invested to buy an insurance product ...

South Africa is poised to announce a primary budget surplus, offering hope for stable tax rates amid global economic uncertainty. This article explores the implications of the surplus, projected GDP ...

Former Top Gear Stig Ben Collins has called out Labour over a new car tax change set to hit motorists within weeks. The ...

President Trump said Saturday the U.S. will treat value added tax (VAT) systems the same as tariffs, for purposes of helping ...

The wisdom of undertaking Roth conversions is highly dependent on the particular household circumstances. Roth conversions do not avoid taxes, they accelerate taxes. Conversions pay off when the tax ...

IRS software compares these tax forms to your return, and it can be "flagged for audit" when there's a mismatch, explained Elizabeth Young, director of tax practice and ethics for the American ...

The majority of adults 73 and older who have to take required minimum distributions (RMDs) -- mandatory annual withdrawals ...

Consumers must not hold their breath for tax cuts in the budget speech, as Sars did not collect as much as expected.

The 2024 mileage rate for use of your vehicle to do volunteer work for certain charitable organizations is 14 cents a mile.

Senior citizens can get up to 9.1% interest rate on bank fixed deposit (FD). There are multiple banks who are offering a high ...

Shri Madan Rathore: Dr. Medha Vishram Kulkarni: Will the Minister of FINANCE be pleased to state: (a) whether there has been an overall increase in tax collections with the reduction in corporate tax ...