7 h. ago U.S. Sen. Jim Justice of West Virginia agrees to pay nearly $5.2M in overdue personal taxes

U.S. Sen. Jim Justice of West Virginia has agreed to pay nearly $5.2 million in overdue personal taxes

Economics

15 h. ago State pension £561 boost from April – but there's one tax catch for this reason

From April next year, the state pension is set to increase by 4.7% due to the triple lock, but the frozen personal allowance could mean more pensioners paying income tax

Economics

32 h. ago Personal tax threshold minimum wage £759 update as change 'in days'

Chancellor Rachel Reeves is reportedly about to freeze income tax thresholds including the lowest £12,570 for two more years

Economics

48 h. ago Ten MILLION pensioners could pay income tax by 2030 if threshold is frozen again in Budget

Many pensioners already earn over the £12,570 personal allowance, landing them with an income tax bill. If the threshold is frozen until 2030 that number will soar.

Economics

58 h. ago The University of Virginia and Cornell deals with Trump set a dangerous precedent | Serena Mayeri and Amanda Shanor

The bespoke agreements are full of peril for the universities, allowing the federal government to quietly exert controlIn October, President Trump proposed a compact for higher education, a federal takeover of state and private institutions thinly disguised as an offer of preferential funding consideration. Most of the initially targeted universities rightfully have rejected Trump’s unlawful and unconstitutional compact, but some schools, including the University of Virginia and Cornell, have since signed separate agreements with the federal government. Initial media coverage largely portrayed the deals as compromises that allowed the universities to preserve institutional autonomy and resolve outstanding federal investigations. But subsequent revelations about the coercive ouster of UVA’s former president underscore how, in fact, “deals” like these represent a dangerous new front in the Trump administration’s war on higher education.UVA’s settlement, announced on 22 October, appear...

Politics

5 d. ago Blow to Spanish PM as attorney general found guilty in leak case

Álvaro García Ortiz, who had denied sharing businessman’s personal details with journalists about a tax case, has been banned from post for two years Spain’s top prosecutor has been banned from his post for two years after being found guilty of leaking confidential information about a tax case involving a businessman who is the boyfriend of a prominent rightwing politician.Álvaro García Ortiz, who has served as attorney general since 2022, was also fined €7,300 (£6,428), and ordered to pay €10,000 in damages to the businessman, Alberto González Amador. Continue reading...

Politics

5 d. ago £12,570 personal tax threshold update change impact on state pensioners and DWP benefits

The Institute for Fiscal Studies said freezing the income tax boundaries will also have a big impact on minimum wage workers

Economics

6 d. ago Sir Keir Starmer Personal tax thresholds £12,570 HMRC update as fears of change 'next week'

Prime Minister was asked about a potential freeze for another two years

Economics

6 d. ago £12,570 personal tax threshold Martin Lewis work warning to state pensioners

The personal finance expert was answering a question from a pensioner viewer on the Martin Lewis Money Show Live on ITV last night

Economics

6 d. ago Martin Lewis issues £12,270 personal tax allowance state pensioners update and warns 'it'll be first time you pay'

On his ITV show a worried viewer asked about possible changed in news week's budget and the impact on tax and working

Economics

7 d. ago Government issues response to calls to raise the income tax personal allowance from £12,570 to £20,000

More than 32,000 people signed a petition calling for the change

Economics

7 d. ago Raise HMRC personal income tax allowance from £12,570 to £20,000 update issued by Treasury

There have been calls for the standard Personal Allowance to be increased from £12,570 to £20,000

Economics

7 d. ago UK Government responds to calls for £20,000 Personal Allowance tax threshold

More than 32,300 people have signed an online petition calling for the UK Government to unfreeze the income tax threshold.

Economics

7 d. ago ‘Fear really drives him’: is Alex Karp of Palantir the world’s scariest CEO?

His company is potentially creating the ultimate state surveillance tool, and Karp has recently been on a striking political and philosophical journey. His biographer reveals what makes him tickIn a recent interview, Alex Karp said that his company Palantir was “the most important software company in America and therefore in the world”. He may well be right. To some, Palantir is also the scariest company in the world, what with its involvement in the Trump administration’s authoritarian agenda. The potential end point of Palantir’s tech is an all-powerful government system amalgamating citizens’ tax records, biometric data and other personal information – the ultimate state surveillance tool. No wonder Palantir has been likened to George Orwell’s Big Brother, or Skynet from the Terminator movies.Does this make Karp the scariest CEO in the world? There is some competition from Elon Musk, Mark Zuckerberg, Jeff Bezos and Palantir’s co-founder Peter Thiel. But 58-year-old Karp could giv...

Transport

9 d. ago Raise personal tax allowance from £12,570 for state pensioners big update as key point hit

A campaign has soared pask a threshold meaning the Treasury will be forced to respond

Economics

1 week ago Katie Price’s wild night out with Chris Eubank Jr ended with star naked in taxi

Model and TV personality Katie Price got nude in a taxi after a riotous party to celebrate boxer Chris Eubank Jr's birthday with the star left stunned by her behaviour

Economics

1 week ago New personal tax thresholds £12,570 update as 'two year' plan emerges

Rachel Reeves is expected to announce a number of tax rises in the budget on November 26, after ditching plans to hike income tax

Economics

1 week ago Personal tax thresholds £12,570 update as change 'in weeks' planned

Chancellor is set to make key changes in the Budget according to reports

Economics

1 week ago Raise personal tax allowance for state pensioners from £12,570 update as key threshold looms

Concerns are growing that Chancellor Rachel Reeves could freeze the threshold for longer - meaning those on basic pensions would pay tax

Economics

1 week ago Personal tax threshold change update as expert issues £843 alert to all workers

The Treasury has appeared to rule out an income tax rise in the 26 November Budget, but extending the current freeze alone would add an extra £843 tax bill to middle earners over the next four years

Economics