Courts have held that lump-sum alimony received under a divorce settlement is a capital receipt outside the scope of taxable income. However, periodic maintenance payments remain taxable in the ...

Chuck Collins figures he won life’s lottery by inheriting vast sums of money through his great-grandfather Oscar Mayer’s ...

Revenue has paid out €637m in tax refunds to well over half-a-million taxpayers so far this year, with the average refund ...

Income tax on pension is added to total income and taxed under slab rates. Payout structure, annuity income, and retirement planning affect post-retirement cash flow.

Chuck Collins figures he won life’s lottery by inheriting vast sums of money through his great-grandfather Oscar Mayer’s processed meat company, but rather than fight to protect every dime Collins has ...

Pensioners in the UK don't get a blanket exemption from taxes upon retirement, but they typically stop paying certain contributions.

Currently, for non-government subscribers with a corpus above Rs 12 lakh, up to 80 percent can be withdrawn as a lump sum ...

Learn what counts as taxable pension income, how much you can take tax-free, and how to check the HMRC guidance.

Consumer expert Rebecca Wilcox has explained how those earning over £35,000 can avoid having to repay double through their ...

The Tribunal relied on official certificates confirming that the land was located beyond municipal limits and classified as agricultural. Since agricultural land is excluded from capital asset ...