The 47 per cent withholding happens automatically to certain investment income when no tax file number (TFN) is recorded – ...
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Common Tax Mistakes in Retirement

Retirement means financial freedom, but it also brings new tax complications that catch many people by surprise. The ...
Prime Minister Mark Carney's government tabled Budget 2025 on Tuesday afternoon, and it's packed with measures that could ...
Payroll processing requires an EIN, pay schedule, gross pay calculation, deduction management, and tax withholding. Follow these steps to run payroll.
The story provides the critical context for Nigeria 39;s most significant tax revolution in decades. The reform 39;s importance is not just in its fisca ...
Nigeria's tax agency has directed banks, stockbrokers and other financial institutions to deduct a 10% withholding tax on interest earned from investments in short-term securities, the Federal Inland ...
Turkey’s plan to scrap a withholding tax exemption on certain mutual funds will impact 84 funds managing about 71 billion liras ($2.1 billion), according to an impact analysis reviewed by Bloomberg.
From January 1, 2026, investors in Nigerian government bonds will not pay taxes on their coupon income despite growing misconceptions ...
The Department of Finance (DOF) and the Bureau of Internal Revenue (BIR) are pushing to raise the ceiling on tax-exempt benefits for both private and ...
The Department of Finance (DOF), along with its attached agency the Bureau of Internal Revenue (BIR), is looking into raising the tax-exempt ceilings for the benefits being received by both private ...