The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele has assured Nigerians that the new tax laws will lighten the burden for most citizens, contrary to widespread ...

We are a married couple who draws all of our income from savings interest but neither of us have had to submit ...

Though the benefit of indexation is abolished but it is still available for the limited purpose of computation of tax ...

Capital gains are taxed in the taxable year they are "realized." Your capital gain (or loss) is generally realized for tax purposes when you sell a capital asset. As a result, capital assets can ...

Understanding how to calculate capital gains tax South Africa helps you plan your finances and avoid penalties during tax ...

Britain needs growth industries. Unfortunately, one of our fast-growing niche industries involves highly valuable and ...

HMRC’s stripped-back Basic PAYE Tools is a no-nonsense way of payroll processing with essentials like PAYE calculations and RTI features built-in, but it lacks any advanced features like cloud access, ...

Michigan lawmakers approved a new 24% wholesale tax on weed in an attempt to drum up funding for road repairs. A new ...

HM Revenue and Customs (HMRC) has had the power to take money from bank accounts since 2015, but paused the scheme during the ...

Look at your Form 1040 and divide the total tax, which is the number found on line 24, by the taxable income figure found on line 15. Then, multiply the result by 100. On California Form 540, your ...