The capital gains tax allowance in 2024-25 is £3,000, half what it was in 2023-23. This is the amount of profit you can make from an asset this tax year before any tax is payable. If your assets are ...

The Supreme Court, in the landmark case of Larsen & Toubro Ltd. and ITI Ltd., has provided significant clarity on the statutory obligations of employers concerning Leave Travel Allowance (LTA). The ...

Here, Telegraph Money takes you through what you need to know about the benefit. Attendance allowance is a government benefit for those who have a health condition or disability that requires ...

The Department for Work and Pensions (DWP) has confirmed a 1.7 per cent increase in benefits, including Carer's Allowance, for the 2025/26 financial year. The revised payment rates for disability ...

Expected Gains: The pay commission is expected to suggest an increase in the salary between 25% and 35% with better allowances such as DA, HRA, and TA. Retirement benefits for pensioners could ...

In a major decision, the government on Thursday decided to set up the 8th Pay Commission to revise salaries of central government employees and allowances of pensioners. The decision to set up the ...

Explain how pension contributions qualify for tax relief Explain how carry forward of unused annual allowances works Explain what the “chargeable amount” means in the context of the annual ...

Employees in the UAE are demanding higher housing, transportation and children’s school allowances and benefits from employers due to an increase in rentals and the introduction of new road toll ...

A benefit includes an allowance or a reimbursement of an employee's personal expense. Allowance An allowance or an advance is any periodic or lump-sum amount that you pay to your employee on top of ...

No changes were made to the current CRA administrative policy. You may provide an allowance or a reimbursement to your employee to compensate for use of their automobile or motor vehicle in connection ...