Income tax

Explainer-Options for UK finance minister Healey to tax wealth in October's budget

A woman walks across Waterloo Bridge, with the City of London financial district in the background, in London, Britain, August 13, 2026. REUTERS/Isabel Infantes/File Photo

Greek PM rules out snap elections after unveiling tax cuts, wage hikes

Greek Prime Minister Kyriakos Mitsotakis delivers an annual economic policy speech, at the International Fair of Thessaloniki, in Thessaloniki, Greece, September 5, 2026. REUTERS/Alexandros Avramidis

Brazil's richest captured record income share despite Lula's effort to prioritize the poor

FILE PHOTO: Brazilian President Luiz Inacio Lula da Silva speaks during a reelection campaign rally at Moca Bonita Stadium in Rio de Janeiro, Brazil, August 22, 2026. REUTERS/Ricardo Moraes/File Photo

Singapore tax revenue hits record $97.3 billion, up 9.4% on stronger economy

The Inland Revenue Authority of Singapore collected $97.3 billion in tax revenue in the 2025/26 financial year.

About 15,000 taxpayers affected by wrong NSman tax relief amounts after error in MINDEF’s system

Of the 15,000 affected taxpayers, about 7,000 of them will have an increase in their tax bill, while around 8,000 of them will have a decrease.

Meloni's big reforms flounder but security bills flourish in Italy

Italian Prime Minister Giorgia Meloni leaves after a visit with French President Emmanuel Macron (not seen) at the Picasso Museum as part of a Franco-Italian summit in Antibes, south of France, June 25, 2026. REUTERS/Manon Cruz/Pool

Trump’s ‘no tax on tips’ bet falls flat in Las Vegas

Aaron Mahan (centre), a worker on the Las Vegas strip, attends a town hall meeting in Las Vegas on Aug 19. Mahan considers himself a victim of the “Trump slump”.

3 doctors fail in court challenge against IRAS ruling over tax avoidance scheme

The most senior doctor drew a monthly salary of $5,000 from the company they jointly set up, though he was paid $45,600 a month before moving to private practice.

French senators warn of wealth ‘black box’ in tax system

Wealth and how to tax it is an explosive issue in France.

HK plans tax cuts on bonus pay to lure top fund managers, sources say

A change in how it taxes performance bonuses will put Hong Kong ahead of Singapore on tax certainty for carried interest.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.