“There are two valuable credits that the IRS reports one out of five people miss every year. The Earned Income Tax Credit is ...
Recording interest on loan on cash basis due to financial distress at end of borrower is justifiable
ITAT Mumbai held that change of method of accounting from mercantile to cash system for recording interest income on loan due to financial distress at the end of borrower is justifiable and legitimate ...
Some taxpayers say they are not particularly worried about making mistakes on their taxes this year, given the widely ...
We knew public finances were in a bad way. Just how bad was laid bare in official forecasts that accompanied the dismal ...
Rachel Reeves was trying to meet fiscal rules that she invented herself, using economic forecasts that will almost certainly ...
The profit before tax of Zenith Bank surged by 67 per cent to N1.3tn at the end of the 2024 financial year from N796bn in ...
MILLIONS of workers will get a pay rise of £1,400 a year from next week. Chancellor Rachel Reeves has confirmed the ...
RACHEL Reeves has confirmed her plan to build 1.5 million new homes in a Spring Statement press conference. The Chancellor ...
The number of returns filed as of March 14, 2025 (the latest figures available), is down from last year by 1.7%, with ...
Rachel Reeves has announced a series of spending cuts to balance the books without raising taxes in her Spring Statement ...
Rachel Reeves used her spring statement to announce a series of public spending cuts in order to balance the books without ...
Reeves argued the UK has to "move quickly in a changing world" and confirmed a £2.2bn increase in defence spending. In ...
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