If you have money, savings or investments between £6,000 and £16,000, DWP will reduce your Universal Credit (UC) payments.

Reversing lower authorities, ITAT Ahmedabad ruled that the assessee proved genuineness of loans and interest payments, allowing deduction under Section 57 of the Income Tax ...

Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to ...

Unfortunately, if your employer overpays you, you do have to pay it back — but there are rules about how it’s done, so make ...

Section 179 lets you deduct the full purchase price of qualifying business equipment bought and put into use during the year.

The Federal Inland Revenue Service (FIRS) has directed banks to deduct withholding tax from all interest payments on ...

The rule has limitations, and the IRS has yet to provide clear guidance on how companies should report qualified overtime ...

The Office of the Special Prosecutor (OSP) has uncovered significant tax irregularities in the automatic payments made by the ...

TurboTenant reports landlords can legally avoid taxes on rental income through strategies like the Augusta rule, deductions, ...

I, confirming that the obligation to deduct tax on lease rent paid to NOIDA Authority applies prospectively from 16.02.2017. Following Supreme Court precedents, the Tribunal ruled the real estate firm ...

The Department for Work and Pensions (DWP) has issued a warning to Universal Credit and Pension Credit claimants who could see their payments reduced by up to 15% ...

Under Section 195 of the Income Tax Act, the buyer is required to deduct tax at source at 12.5 percent if the seller is a non ...