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Tax-exempt P350,000 income needs safeguards against???bracket creep???
27+ min ago (612+ words) By Kaela Patricia B. Gabriel TAX EXPERTS said the proposed tax-exempt threshold of P350,000 is vulnerable to the effects of inflation, which would serve to erode the tax relief it promises, and called for safeguards against “bracket creep.” Analysts added that the…...
Retirees Raising Grandchildren Could Qualify for These 6 Tax Breaks and Benefits
1+ hour, 23+ min ago (819+ words) A caregiving role could unlock extra help beyond what you may expect. Raising a grandchild can reshape a retirement budget fast. Food, clothing, school expenses, and child care may arrive just as a grandparent's income becomes more fixed. Yet older…...
Citi Simplicity vs. BankAmericard: Which 0% Intro APR Card Wins in August 2026?
30+ min ago (676+ words) Published on Aug. 16, 2026 Want to save on interest quick, fast, and in a hurry? If so, the Citi Simplicity® Card and BankAmericard® credit card are two of your best bets. Both of these cards offer some of the longest 0% intro…...
Two houses and a share sale: Can an HUF transfer help claim 54F exemption?
58+ min ago (276+ words) —Name withheld on request At the outset, as you are selling shares and not a residential house, the exemption for reinvestment in residential property would be covered under section 54F (section 86 of the Income Tax Act, 2025). As you rightly pointed out,…...
Burnham bank tax ‘would drive lenders out of Britain’
1+ hour, 1+ min ago (1360+ words) Sir Howard Davies, former NatWest chairman, says the City is at a ‘tipping point’ Szu Ping Chan is The Telegraph's Economics Editor. She has covered the main events that have shaped the global economy over the past 15 years, from the…...
What to do if you inherit a property you don’t want
1+ hour, 1+ min ago (1346+ words) Selling up isn’t the only option for heirs of a new home Rachel Wait is a freelance journalist who has covered a wide range of personal finance topics for a variety of publications including the Mail on Sunday, Forbes, Saga…...
How to stay ahead of tax changes over surplus income: Sarah Coles
1+ day, 16+ hour ago (327+ words) In April next year, pension pots will be dragged into the inheritance tax net, pushing 10,500 extra estates into paying it in the first year alone. It has focused people’s minds on whether there are any gifts they can give during…...
Trump Bump: Tax refunds jumped 17% after president’s signature law, GAO reports
1+ hour, 54+ min ago (203+ words) The Internal Revenue Service issued $296 billion in refunds during the 2026 filing season, a 17% increase from the previous year, as millions of Americans benefited from President Donald Trump's... Trump Bump: Tax refunds jumped 17% after Posted By: 4250Luis, 8/16/2026 6:02:20 AM The Internal Revenue Service…...
8 states tax your Social Security benefits: Here???s the list
1+ day, 19+ hour ago (144+ words) Unfiled Tax Returns: What to Do If You Haven't Filed Individuals with unfiled returns can access IRS resources to submit them and reduce potential fines. If you've got plantain growing in your yard, you're basically sitting on a first aid…...
Longest 0% Intro APR Credit Cards This Week, Aug. 16, 2026: Up to 21 Months to Break Free From Interest
2+ hour, 30+ min ago (847+ words) Published on Aug. 16, 2026 Interest is holding your progress hostage. With rates above 20%, most of your payments vanish into fees instead of your debt -- and the frustration just builds. A 0% intro APR card flips that dynamic. This week's longest offers give…...