If passed, the Service Members Tax Relief Act would eliminate federal income tax on all active-duty and reserve pay, as well as military bonuses.
From April 2026, the income tax relief on Venture Capital Trusts will be reduced from 30 per cent to 20 per cent.
Pennsylvania's state budget includes a new earned income tax credit providing $193 million in relief to working families.
Both VCTs and EISs invest in smaller and illiquid companies, and offer a range of tax breaks to compensate investors for the risk. With VCTs, investors can claim up to 30 per cent upfront income tax ...
Arkansas farmers and ranchers who receive federal disaster and relief aid through the U.S. Department of Agriculture will get ...
News archive including articles on Fund Managers, Fund Selection, Asset Allocation, Absolute Return, Offshore Investments, Tax Shelters, Insurance bonds. ‘Utterly nonsensical’ and ‘stupid’: VCT tax re ...
Landlords and owners of expensive homes are to be hit by higher taxes as Rachel Reeves’ Budget leaned on property to help ...