taxpayers

The government bailout of failed British energy supplier Bulb will cost taxpayers an additional £500mn over two years, taking the total support required to £2.2bn, according to the independent fiscal watchdog.The Office for Budget…

Keeping Bulb Energy running will potentially cost taxpayers billions of pounds more than has currently been set aside, government officials have said. Bulb, which has 1.6 million customers, was quasi-nationalised in late November when…

US taxpayers who don't want to submit biometric data simply to sign up for an online account with the IRS now have another option. The IRS will let…

WASHINGTON — The Internal Revenue Service said on Monday that it would allow taxpayers to opt out of using facial recognition technology to gain access to their online accounts and would shift to an entirely different identity verification…

The lyrics of the Simply Red song ‘Money Too Tight (To Mention)’ are applicable to millions of South Africans. Most are hoping for some relief when Finance Minister Enoch Godongwana delivers his budget speech on Wednesday. However, tax…

US Senator Bob Menendez and other lawmakers this week demanded the Internal Revenue Service (IRS) and ID.me contact taxpayers who have uploaded…

South Africa’s extension of a monthly grant for the jobless means there’ll continue to be twice as many welfare beneficiaries as registered taxpayers, highlighting the challenge the government faces in trying to sustainably support the…

The four free covid-19 rapid tests President Joe Biden promised in December for every American household have begun arriving in earnest in mailboxes and on doorsteps. A surge of covid infections spurred wide demand for…

WASHINGTON—The Internal Revenue Service is scrapping its use of a private facial-recognition system to authenticate taxpayers’ identities for online accounts, the agency said Monday after criticism from lawmakers in…

Indian arms of companies from France, Netherlands would now not be eligible for low tax rate of 5% while remitting dividends to their overseas parents. India’s apex direct taxes body Thursday said taxpayers from these countries cannot apply…