The Internal Revenue Service (IRS) announced it will issue automatic payments this month to nearly one million taxpayers who didn’t claim the Recovery Rebate Credit on their 2021 tax returns. These ...

Taxpayers who qualify should receive the payment by late January, according to the IRS. The estimated amount of payments going out will be about $2.4 billion. The IRS says taxpayers who haven't filed ...

You are not liable for VAT? Are you subject to the normal real tax regime? In this case, you must declare and pay before January 25 the two taxes on the economic use of vehicles for 2024.

In the fall economic statement released ... 93 per cent filed their tax return, as of Nov. 3, and are receiving $3 billion in benefits and credit payments, according to the federal government.

While those are an easy sell to voters, economists caution on the scale of economic dividend ... and there are further tax cuts, I doubt that there will truly be many pay-fors.

PAYE accounted for 21% of total tax revenue ... trades can help track economic activities more effectively. This can be achieved through incentives for digital payments and penalties for excessive ...

Tax Reforms for Economic Growth The former Speaker also ... such as the exemption of Nigerians earning below ₦1 million annually from Pay-As-You-Earn (PAYE) tax and the VAT exemption on ...

He currently researches and teaches economic sociology and ... If you take the lump-sum payment, the entire winnings would be subject to income tax in that year, and you would be in the highest ...

An economic analyst and business consultant ... More than 90% of public and private sector employees will no longer pay income tax, while individuals earning less than ₦9 million annually ...

But according to fiscal policy expert Fred O’Riordan, the tax policy leader for EY ... or what exactly it will pay for. Notably, the fall economic statement also does not include any new defence ...