If you’re smart about it, you can knock down the amount you owe in income taxes by claiming absolutely every credit and deduction you can legally take. The US tax code offers more ways than you ...

The majority of Brits don’t understand personal tax affairs, according to a survey. Photo: Getty Taxes are a complete mystery for many people and for those who are self-employed, the thought of ...

As a business owner, I’ve seen countless entrepreneurs try to push the boundaries of what counts as a legitimate tax deduction. The line between smart tax planning and outright fraud isn’t always ...

Knowing which expenses your LLC can deduct is fundamental to maintaining healthy business finances. Every legitimate business expense you properly document and deduct reduces your taxable income, ...

Influencers are seeking tax write-offs for thousands of dollars-worth of wacky items including toys and pet costumes - claiming they are essential for business. People who make a living from posting ...

Some people will see their tax bill affected by the review The country "cannot afford" to write-off underpayments of income tax caused by calculation system problems, Treasury minister David Gauke has ...

HMRC will be writing off tax bills for potentially thousands of state pensioners who are hit by the frozen tax thresholds. The tax office has confirmed that it would not be sending demands to ...