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Tax alert for 3.5m UK couples that could be claiming £252 from HMRC
Tax alert for 3.5m UK couples that could be claiming £252 from HMRC Millions of people could be missing out More than 3.5 million unmarried couples living together are being cautioned that they could be missing out on valuable tax benefits and legal protections worth hundreds of pounds annually. The warning follows Government proposals to bolster the rights of cohabiting couples, prompting financial specialists to encourage unmarried partners to reassess their finances. According to NFU...
ITR filing FY 2025-26: Top 10 points to check before submitting tax return
It is that time of the year again, when focus shifts to Income Tax Return(‘ITR’) filing. The tax filing deadline for the Financial Year (‘FY’) 2025–26 is approaching and taxpayers have commenced to gather documents like Form No. 16, other tax deduction statements, investment proofs, bank interest statements, capital gains reports, and other necessary financial information for preparing and filing their tax returns. Besides compliance, ITR also serves as a vital document frequently reviewed...
ITR filing FY 2025-26: Top things salaried taxpayers should know
ITR filing FY 2025-26: The tax returns filing season is here and ahead of the July 31, 2026 deadline, taxpayers are compiling important documents that are needed every year to file the income tax return. One such document that is particularly important for salaried taxpayers is Form 16. Apart from Form 16, other important documents that you should keep handy are Form 26AS, Annual Information Statement (AIS), bank account interest earnings, any investment related documents etc.
New £268,275 cash alert for UK pension savers
New £268,275 cash alert for UK pension savers There are several widespread misconceptions about the rules for taking tax-free cash from pensions that could prompt savers to make the wrong decisions with their retirement savings Millions of employees could be making serious errors with one of the most valuable benefits of pension saving. Experts caution that confusion surrounding the regulations on pension tax-free cash is causing some savers to make hasty decisions that could leave them...
Bullock says RBA will re-tender KPMG whistleblower hotline contract amid scandals
KPMG audits the RBA and runs its whistleblower hotline but maybe not for much longer Fri 5 Jun 2026 at 5:00am In short: The Reserve Bank will re-tender its whistleblower hotline service contract after KPMG has been caught up in a swirl of scandals. Governor Michele Bullock says KPMG, engaged by the Australian National Audit Office, audits the bank's financial statements. The Greens have called on the federal government to ban KPMG from all government contracting work.
ITR filing FY26: What is Form 26AS & what if it has errors? Things taxpayers should do
ITR filing FY 2025-26: Form 26AS, Annual Information Statement (AIS), Form 16 are some of the most important documents that salaried taxpayers should keep handy and cross-check before filing their income tax return. First, let’s understand what Form 26AS is – it’s essentially a tax statement that is linked to the taxpayer’s PAN. It shows details of tax dedicated at source and tax collected at source.
HMRC letters landing from Monday to 4m and adds 'you must respond'
HMRC letters landing from Monday to 4m and adds 'you must respond' Some people need to reply to the letter which is being sent out from June 1 to workers From today, 1st June, millions of households will begin receiving letters from HM Revenue and Customs — and in some cases, urgent action is required. The tax authority is dispatching approximately 4 million income tax refund letters between June 1 and August 31 - and recipients are being warned they 'must respond' if they're asked for more...
Trump’s 12.5% additional tariffs move under Section 301: What does it mean for India
Two days after Commerce minister Piyush Goyal said that the India-US trade deal was now down to finalising the ‘commas and full stops’, the Donald Trump administration has proposed to impose additional tariffs on countries under its Section 301 probe. India is one of the many countries that has been named. The Section 301 probe launched by the US in March 2026 is a known variable in India’s trade deal talks with America.
Three groups that could get a council tax reduction - check if you qualify
Three groups that could get a council tax reduction - check if you qualify Some people may be eligible for a council tax reduction - here's how to check if you qualify and how to claim. Brits should check whether they're eligible for a council tax discount. If you meet certain criteria, you may be entitled to a reduction on your payments.
Setback for Trump as US judge strikes down $100,000 fee: How it impacts H-1B visa aspirants
"Restriction on entry of certain nonimmigrant workers," US President Donald Trump declared as he signed a proclamation on September 19, 2025, unveiling one of the toughest changes yet to the H-1B visa programme in the name of protecting American jobs and curbing alleged abuses of the system. According to the order, foreign professionals seeking certain new H-1B visas would effectively face a staggering $100,000 barrier, a move that immediately sent shockwaves through the global technology...