News

Oil drillers win access to public lands and manufacturers get tax breaks, while elite universities face new endowment taxes ...
Group of Seven nations agreed to exempt U.S. companies from a 15% minimum corporate tax rate, the countries said in a joint ...
American companies will be exempt from penalties related to a 2021 global minimum tax deal that President Trump opposes.
It’s also important to note that employees who have changed employment throughout the fiscal year must obtain Form 16 from each employer. Difference between Form 16A and Form 16B: Form 16, along with ...
HMRC revealed the corporation tax gap – the difference between the amount of tax expected to be due and what was actually paid – made up 40% of the total UK gap in 2023-24. The corporation tax gap ...
Corporation tax accounts for nearly half of Britain’s £46.8 billion tax gap amid a rise in non-compliance from small businesses, according to the latest figures from HM Revenue & Customs. HMRC ...
Form 16 & ITR Filing 2025: It’s June 18. You must have received Form 16 from your employer to file the income tax return (ITR) for the assessment year 2025-26 (FY 2024-25). It neatly summarises your ...
WASHINGTON (Reuters) -U.S. Senate Republicans are moving forward on President Donald Trump's sweeping tax-cut and spending bill that includes major elements of his domestic agenda.
Elon Musk’s X Corp has filed a federal lawsuit against a New York state law “Stop Hiding Hate Act” that requires social media companies to submit semi-annual reports on how they moderate hate speech ...
Our corporation tax software also integrates with our practice management module, making the overall handling of your team’s workflow, tasks, and deadlines more straightforward to manage from one ...
Salaried employees will soon receive their Form 16 for Assessment Year 2025–26, featuring a more detailed breakdown of salary components and newly integrated tax disclosures.