Tag #Tax

Showing 25 to 36 of 64 results

smh.com.au
🌐 65% Global Worthiness
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High Australian Tax Agent Use Reflects System Complexity

Two-thirds of Australians use tax agents to file their taxes, a rate higher than many OECD countries, largely due to tax complexity; however, younger people are more likely to self-file due to the ease of online systems like MyTax.

Progress

48% Bias Score

Reduced Inequality
elpais.com
🌐 75% Global Worthiness
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Colombia Increases Corporate Withholding Taxes to Address Fiscal Deficit

Colombia's Decree 0572 of 2025, effective May 29th, increases corporate withholding taxes to cover a 12 trillion peso fiscal deficit, impacting various sectors with increases ranging from 1.1% to 4.5% and raising concerns about its effects on SMEs.

Progress

40% Bias Score

Reduced Inequality
elpais.com
🌐 85% Global Worthiness
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US Remittance Tax Risks Disrupting $64.745 Billion Flow to Mexico

A proposed 3.5% tax on remittances sent from the US to Mexico could drastically alter the $64.745 billion (3.5% of Mexico's GDP) flow of funds, potentially driving a surge in alternative methods, from cryptocurrencies to cash smuggling, with disproportionate effects on economically vulnerable states...

Progress

52% Bias Score

Reduced Inequality
news.sky.com
🌐 85% Global Worthiness
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UK April Borrowing Exceeds Forecasts, Heightening Fiscal Pressure

The UK government borrowed £20.2 billion in April, exceeding forecasts by £2.3 billion, due to increased public sector spending despite tax increases; this adds pressure to the upcoming spending review and may necessitate further fiscal action in the autumn.

Progress

56% Bias Score

Reduced Inequality
smh.com.au
🌐 85% Global Worthiness
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15% Tax on Unrealised Super Gains Over \$3 Million: Implications and Calculation

A 15% tax on unrealised superannuation gains over \$3 million per member will take effect from July 1, 2026, impacting those whose balances exceed this threshold at any time after June 30, 2026, even with subsequent withdrawals; the calculation considers earnings exceeding the threshold and a propor...

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36% Bias Score

Reduced Inequality
nos.nl
🌐 85% Global Worthiness
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Dutch Government Uses Inflation to Mask Tax Increase

The Dutch government will not fully compensate for inflation in income tax next year, effectively raising taxes by €1.3 billion to maintain the 9% VAT rate on culture, media, and sports, contradicting earlier promises.

Progress

64% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 75% Global Worthiness
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UK to Reduce Cash ISA Limit: Impact on Taxpayers and Economy

The UK Chancellor is expected to announce a reduction in the annual cash ISA limit from £20,000 to potentially as low as £4,000 on July 15th, aiming to encourage investment and following record inflows into cash ISAs in April (£14 billion) and May (£3.9 billion).

Progress

56% Bias Score

Reduced Inequality
elpais.com
🌐 75% Global Worthiness
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PSOE's Proposed Housing Tax: Limited Impact Despite 100% Surcharge

The PSOE proposed a 100% surcharge on the property transfer tax for non-EU citizens buying homes in Spain to curb speculative purchases; however, exemptions for new builds and business transactions significantly limit its impact, raising concerns about its effectiveness and constitutionality.

Progress

52% Bias Score

Reduced Inequality
bbc.com
🌐 65% Global Worthiness
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Scottish Cruise Ship Levy Sparks Debate

A proposed levy on Scotland's 1.2 million annual cruise ship passengers is causing debate in Invergordon, a busy port, with businesses concerned about the impact on spending while others see it as needed investment. The Scottish government is consulting on the idea until the end of the month.

Progress

48% Bias Score

Sustainable Cities and Communities
bbc.com
🌐 75% Global Worthiness
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UK Government Borrowing Exceeds Expectations in April

The UK government's April borrowing totalled £20.2bn, exceeding predictions by £2.3bn and marking the fourth highest April figure since 1993, due to increased spending despite higher tax revenue, raising concerns about future tax increases.

Progress

52% Bias Score

Reduced Inequality
cbsnews.com
🌐 85% Global Worthiness
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Remittance Tax Proposal Sparks Mexico's Outrage

A House Republican bill proposes a 5% tax on remittances sent by non-U.S. citizens to their home countries, prompting strong opposition from Mexico which argues it will harm both economies and disproportionately affect low-income individuals.

Progress

52% Bias Score

Reduced Inequality
abcnews.go.com
🌐 75% Global Worthiness
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Maximizing Tax Savings for Parents: Key Credits and Deductions for 2024

As Tax Day (April 15) nears, parents can maximize tax refunds and savings through credits like the Child Tax Credit (up to $2,000 per child under 17, $1,700 refundable), Earned Income Tax Credit (EITC, potentially up to $7,830 for a three-child family in 2024), Dependent Care FSA (up to $5,000 for j...

Progress

16% Bias Score

No Poverty

Showing 25 to 36 of 64 results