Huge shake-up to council tax rules for millions of hard-up households – check if you’ll benefit

MILLIONS of struggling households are set to benefit from a huge change to council tax. Households across Wales will be given ...

As GST 2.0 kicks in, what changes for consumers and industry?

The rate rationalisation is meant to leave more disposable income in the hands of people, which is seen spurring household ...

The IRS will soon set its 2026 tax brackets. See how yours could change.

The IRS adjusts its tax provisions for inflation every year, which can help taxpayers avoid so-called "bracket creep." ...

Unemployment, inflation and GDP growth will be worse this year than projected, budget office says

The Congressional Budget Office has released new economic projections, indicating that unemployment, inflation and overall growth will worsen in 2025 before improving over the next year ...
Marketplace

"The Double Tax" looks at the compounded costs Black women face in this economy

In her new book, author and PhD student Anna Gifty Opoku-Agyeman looks at how both gender and race cost Black women — and how policy can help address those costs. Earlier this summer, economist Katica ...
Yahoo

Study reveals stunning tax loophole benefitting wealthy people: 'Politicians are willing to help the rich'

The European Union could generate over $1.1 trillion by removing tax exemptions for carbon emissions on long-haul flights and private jet trips. According to Euractiv, getting rid of the exemptions ...
U.S. News & World Report

India's Higher Tax on Clothing Threatens Setback for Global Fashion Brands

NEW DELHI (Reuters) -India's overhaul of consumer tax stands to make everything from soaps to luxury SUVs cheaper, but global fashion brands such as Zara, Levi Strauss and Lacoste have been spooked by ...

EV tax credit ends soon, but it's still as complicated as ever: What to know

The IRS suggests a new twist for when buyers could take delivery of a new EV and still claim the lucrative tax credit, which expires Sept. 30.
PBS

What consumers can expect as de minimis exemption ends

Americans are no longer able to import cheap foreign goods tariff-free. The Trump administration ended the de minimis exemption, which allowed packages valued under $800 to enter the U.S. with no ...
NBC News

De minimis exemption ends for low-value packages shipped to the U.S.: What you need to know

The de minimis exemption for low-value packages sent to the United States ended Friday, wreaking havoc on international shipping as mail companies, businesses and consumers try to navigate the new ...
MarketWatch

Opinion: This healthcare benefit provides a triple tax advantage — but many employees don’t use it

America has the world’s most expensive healthcare system, approaching a staggering 20% of GDP. This hits employers directly: A 10,000-employee company now faces an average $160 million annual ...
The New York Times

Inflation Sweetener? Denmark Plans Tax Cut on Chocolate and Coffee.

The Scandinavian country has proposed scrapping its tax on chocolate, cake and other sweets, as well as coffee, to help consumers cope with high food prices. By Jenny Gross As food prices continue to ...