tax policy

UK State Pension Tax: Reeves Pledges No Income Tax for Pension-Only Retirees

On 29 November 2025, the UK government moved to calm pensioner anxiety after a tax-heavy Budget sparked fears that millions of retirees could soon face income tax bills purely because of the state pension. Chancellor Rachel Reeves has now pledged

29 November 2025

UK Budget 2025: Income tax thresholds frozen, ISA limit cut and new levies in £26bn tax raid after OBR leak

LONDON – 26 November 2025 – Chancellor Rachel Reeves has unveiled a sweeping package of UK tax changes in the Autumn Budget, hours after an extraordinary blunder saw the Office for Budget Responsibility (OBR) publish key details early on its website. The

26 November 2025

Budget 2025 · Economic Policy · Personal Finance · Taxation · UK Politics

Lakshmi Mittal Quits UK for Switzerland and Dubai: Naïa Island, Labour’s Tax Shock and the New Billionaire Flight

London/Dubai – 24 November 2025 — Lakshmi N Mittal, the Indian‑origin “King of Steel” and for years one of Britain’s richest residents, has now formally joined the growing billionaire exodus from the UK. After nearly three decades in London, Mittal

24 November 2025

Billionaires · Global Economy · Labour Party · NYSE:MT · UK Tax Policy · Wealth Migration

Tax Season Shocker: Fewer Refunds but Bigger Payouts as New Tax Changes Loom

No Tax on Tips, Overtime and Seniors? States Push Back on Trump’s New Tax Breaks

When Congress passed President Donald Trump’s One Big Beautiful Bill Act (OBBBA) this summer, the headlines almost wrote themselves: “No tax on tips,” “no tax on overtime,” “$6,000 bonus deduction for seniors.” For millions of workers and retirees, it sounded

17 November 2025

Employment · Legislation · Personal Finance · Senior Citizens · Taxes

Shocking IRS Update: New 2026 Tax Brackets Slashed for Millions – Here’s How Much You’ll Save

‘No Tax on Tips’ Won’t Help Everyone: D.C. Emergency Tax Bill and State Rules Shrink 2025 Breaks on Overtime and Seniors

As Washington, D.C. scrambles to plug a looming budget hole, a new emergency tax bill is cutting off some of the headline federal tax breaks for tips, overtime and seniors — and it’s a warning sign for workers and retirees

16 November 2025

Legislation · Overtime Pay · Personal Finance · Retirement · Tax Policy

Washington DC Emergency Tax Bill Kills ‘No Tax on Tips’ Break, $6,000 Senior Bonus and Overtime Deductions

Washington DC’s emergency tax bill decouples the District from Trump’s One Big Beautiful Bill, ending local tax breaks for tips, overtime, and a $6,000 senior deduction while funding a new child tax credit and a bigger Earned Income Tax Credit.

13 November 2025

Legislation · Overtime Rules · Senior Benefits · Tax Policy · Washington DC

Social Security Surprise: No SSI Check on Nov. 1 – See Why Your Payment Arrives Early

No, the IRS Isn’t Sending New “Stimulus” Checks in November 2025 — What the $2,000 Tariff Dividend Proposal Really Means

Updated: November 12, 2025 Rumors are ricocheting across social media that the IRS will drop fresh “stimulus” money into Americans’ bank accounts this month. That’s false. There is no new federal stimulus check scheduled for November 2025, and the IRS

12 November 2025

Economy · Fact Checking · Government Policy · Stimulus Checks · Taxes