Bracket creep is a term that is used to describe an increase in taxes that occurs when the marginal tax brackets are not ...

Finance Minister Enoch Godongwana softened the VAT hike but scrapped tax bracket relief, meaning all taxpayers face higher ...

Most ETF investors pay capital gains tax (CGT) on the returns of their investments when they sell units. If you have bought units in an ETF fund as an investment and sell them after they have ...

More pensioners are opting to take pension income early to avoid being double - or even triple - taxed later in life ...

A blended approach where you draw from discretionary and retirement savings may be the best method.

While think tanks and unions call for a wealth tax to plug the gaps in South Africa’s budget, experts point out that the ...

The appellant is an Irrevocable Private Discretionary Trust formed under the Indian Trust Act, 1882. The tax liability of the Appellant is computed at the maximum marginal rate in accordance with the ...

Rona Birenbaum, a certified financial planner and founder of Toronto-based Caring for Clients, says part-time income could ...

2. Without prejudice, even if such surcharge was applicable, the same can be levied only where the income of the assessee exceeds Rs. 50,00,000. In the present case since the assessee’s income was ...

You may not be able to claim the home office tax credit, but you can claim the dividend tax credit on Killam Apartment REIT (TSX:KMP.UN).

Liberal leader Peter Dutton has warned Australian couples are getting slugged $7000 a year in extra income tax, on average, ...

President Donald Trump has proposed a plan to abolish federal income taxes for Americans earning less than $150,000 per year, ...