Tax

Rumours of 2025 stimulus cheques are making waves on social media, but no confirmation was provided by Congress or the Internal Revenue Service.

Niloy Chakrabarti Sep 23, 2025

UK startups often view the US as the next step for scaling due to its vast market size, abundant venture capital, and growth-oriented culture

Malcolm Joy Jul 23, 2025

Trump's Big Beautiful Bill has delivered on two of his campaign promises with no taxes on tips and overtime, although it's not quite as promising as it sounds.

Emma Clark Jul 21, 2025

With US tariffs reshaping global trade, UK startups can gain a competitive edge by restructuring supply chains, optimizing transfer pricing, and strategically separating IP from physical goods.

Jithu Johnson Jul 07, 2025

Poundland has been sold for just £1 as financial woes deepen. Here's why the discount chain is struggling—and what it means for the UK high street.

Ben LeGrand Jun 12, 2025

UK's transatlantic alliance is key in accelerating growth, scaling startups, and redefining global competitiveness and positioning the UK as a global leader in the next generation of technological advancement.

Thomas Wells Jun 12, 2025

Tesla shares were up 5.2% during premarket hours on Friday after Elon Musk said he is open to a 'cool off' period with Donald Trump following a public feud over a tax bill.

Niloy Chakrabarti Jun 06, 2025

The Social Security administration updated that 91% of the eligible millions of Americans have received retroactive payments and/or monthly benefit hikes under the new Social Security Fairness Act.

Niloy Chakrabarti Jun 06, 2025

Donald Trump proposes raising the top tax rate to 39.6% for Americans earning over $2.5 million, aiming to fund middle-class tax relief and reshape GOP tax policy.

Robin Williams May 30, 2025

US retirees are claiming social security cheques much earlier than planned and settling for lower monthly incomes amid threats to the program and access to benefits.

Niloy Chakrabarti May 28, 2025

A Queensland man couldn't believe he had won over $1 million in a lottery draw. He took over a month to accept the reality and finally claim his winnings.

Niloy Chakrabarti May 27, 2025

The US Senate has unanimously passed the No Tax on Tips Act, offering up to $25,000 in annual tax deductions for tipped workers in a rare show of bipartisan support.

Ben LeGrand May 23, 2025

Ultra-rich people often use debt as a tool to maintain adequate cash flow at all times with the goal to capitalize on market opportunities for long-term wealth appreciation.

Niloy Chakrabarti May 20, 2025

The Missouri state legislature advanced an amendment to make precious metals like gold and silver legal tender for the payment of taxes and the purchase of goods.

Niloy Chakrabarti May 15, 2025

Bill Gates wrote in a recent blog post that he plans to give away 99% of his £127 billion fortune over the next two decades via the Gates Foundation.

Niloy Chakrabarti May 13, 2025

Pershing Square Capital Management CEO Bill Ackman called on Donald Trump to pause tariffs for a faster resolution to the escalating global trade war.

Niloy Chakrabarti May 02, 2025

Berkshire Hathaway chair Warren Buffett believes investing in knowledge and self-betterment can unlock growth opportunities. He sees real estate as a good investment option during periods of high inflation.

Niloy Chakrabarti Apr 28, 2025

Volatile markets, rising consumer prices, growing debt levels, and heightened risks of Social Security benefits discontinuity are driving fears across generations about their retirement plans.

Niloy Chakrabarti Apr 26, 2025

Historically, the overnight trading strategy of buying stocks at market close and selling them the next day when the market opens has returned more gains than trading exclusively during regular trading hours.

Niloy Chakrabarti Apr 23, 2025

US President Donald Trump plans to resume collections on student loans that will result in wage garnishment and withholding of Social Security benefits for borrowers who don't repay.

Niloy Chakrabarti Apr 22, 2025

Lower IRS collections this tax season due to workforce downsizing and dynamic taxpayer behaviour could increase the risks of the US Treasury being unable to repay bills on time and in full by June unless Congress hikes the debt ceiling.

Niloy Chakrabarti Mar 26, 2025

The new payment hikes are being implemented under a new law that eliminated the Windfall Elimination Provision and Government Pension Offset rules, which had limited Social Security payments for people receiving pensions for work not covered by Social Security.

Niloy Chakrabarti Mar 04, 2025

The average US tax refund for the 2024 tax year dropped to £1,725 as of 14th February 2025 from £2,551 on the same day last year.

Niloy Chakrabarti Feb 28, 2025

Americans could use DOGE dividend cheques to clear debt, grow their emergency funds, and invest in long-term goals like retirement, which could have an overall deflationary effect on the US economy.

Niloy Chakrabarti Feb 21, 2025

Donald Trump could terminate almost 16,000 recently hired IRS employees next week, in the middle of the tax season, as part of the broader federal downsizing spearheaded by Elon Musk.

Niloy Chakrabarti Feb 19, 2025

The IRS claims that taxpayers who e-file taxes can expect refunds within 21 days. The timeline could stretch to eight weeks for filers who mail paper returns.

Niloy Chakrabarti Jan 30, 2025

Spain ends the Golden Visa Program for non-EU nationals to address housing crisis, proposing a 100% tax on foreign property owners.

Andrea Tode Jimenez Jan 21, 2025

US Rep. Buddy Carter's Fair Tax Act would help Americans save money by putting them in charge of their tax rate, reducing tax loopholes and the national debt, and mandating illegal immigrants to pay their fair share of taxes.

Niloy Chakrabarti Jan 13, 2025

US retirees above 65 can take a special standard deduction on top of the regular deduction. They can also get tax credits if they have low incomes.

Niloy Chakrabarti Jan 06, 2025

A Scottish local council has been condemned for its proposal to tax expectant mothers for the privilege of having their babies in a hospital.

William Dove Jan 04, 2025