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Living cost allowance that can be deducted from taxes might increase by NT$3,000.

Living cost allowance that can be deducted from taxes might increase by NT$3,000.

Tax Allowance Update in Taiwan Taipei, CNA—On Friday, August 16th, the Bureau of Budget, Accounting and Statistics (DGBAS) indicated that the annual tax-deductible allowance for basic living expenses could rise to $213,000 (approximately US$7,092) for those filing tax returns in 2026. During the 2024 household income and expenditure survey presentation, DGBAS reported a 1.9% increase […]

Details of US-Iran nuclear talks show allowance for limited enrichment

Details of US-Iran nuclear talks show allowance for limited enrichment

The US has hinted that Iran is considering allowing a limited amount of uranium enrichment over an unspecified duration. This was revealed as the Trump administration put forth its initial formal offer to Iran regarding a nuclear agreement, although the specifics of this deal weren’t disclosed to the public. A spokesperson, Carolyn Leavitt, emphasized that […]

Hundreds of thousands hit by ruinous carer’s allowance penalties, audit shows | Carers

Hundreds of thousands of unpaid carers have been hit with devastating fines for minor breaches of carer allowance rules in the five years since senior welfare officials promised to fix scandal-hit benefits. This was revealed in an official audit. Activists say the National Audit Office (NAO) report highlights the scale of misery and hardship inflicted […]

General election: Tories announce 'Triple Lock Plus' pension allowance – BBC.com

Image source, Getty Images Article information author, Sam Francis role, Political reporter May 27, 2024 Updated 26 minutes ago The Conservative Party has promised to increase tax-free pension benefits through the “triple lock plus” system if it wins the general election. Under the plan, personal allowances for pensioners would increase by at least 2.5% or […]

Ministers clawing back £251m from carers hit by DWP’s allowance failures | Carers

It has been revealed that ministers have recovered more than £250 million from unpaid carers over benefit breaches that occurred largely as a result of government failures. More than 134,000 people who care for a loved one are forced to pay back often huge carer allowance overpayments. In many cases, debts arise through no fault […]