Lipi articles about tax.
News
Colorado voters approved Amendment 87 on 3 November 2026, replacing the state flat 4.4% income tax with six graduated rates from 3.7% to 8.4% for tax years from 1 January 2027. The result is unofficial until county canvass boards certify by 25 November 2026.
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News
Canada's Budget 2026, tabled 5 November 2026, sets a single May 15 tax filing deadline from the 2027 tax year, raises instalment and foreign property reporting thresholds, and adds a $15 million capital gains exemption.
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News
From 1 November 2026, organisations in China that pay individuals for seven listed services must withhold VAT and related surcharges before paying, under Announcement No. 28 of 2026.
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News
Sri Lanka has deferred the mandatory TIN certificate for eight transactions, including bank accounts and credit cards, from 1 November 2026 to 1 April 2027.
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News
The UK Government has announced that the tax-free mileage rate above 10,000 business miles a year in a privately owned car or van rises from 25p to 35p per mile from 6 April 2027, with the 55p rate for the first 10,000 miles made permanent.
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The United Kingdom Budget delivered on 28 October 2026 raises tax on savings and property income to 24%, 44% and 49% from 6 April 2027, halves Business Asset Disposal Relief to 500,000 pounds, and raises the trading allowance to 3,000 pounds.
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Pakistan's Federal Board of Revenue extended Tax Year 2026 income tax returns to 31 October 2026. After that date, a late individual filing carries a Rs 25,000 surcharge to regain Active Taxpayers List status.
5 min read