The UK government will be sharing the cost with car manufacturers to offer cash incentives for anyone willing to buy a new vehicle, while the old car is still roadworthy. The deal only applies to cars below 3.5 metric tons. The funds allocated for the...

A 3 cent tax on sugary sodas as well as energy and sports drinks and sweetened tea drinks was proposoed to help finance the universal healthcare suggested by USA president Obama. The proposed tax would generate about $24 billion over the next four year, a...

The ATO has already paid out 6.5 million tax bonuses and by May 16 more than 7.8 million stimulus payments will have been distributed.  Australian Tax Commissioner Michael D’Ascenzo said there was still an estimated 800,000 people who are eligible for the Australian $900 Stimulus Payment...

Canadian taxpayers are receiving average tax refunds of more than $1400 for the 2008 tax year, preliminary figures from the Canada Revenue Agency show. Canada’s Minister of National Revenue Jean-Pierre Blackburn said taxpayers were benefiting from the Goverment’s tax relief measures of tax benefits and...

The new Independent Earner Tax Credit (IETC) of up to $10 each week is starting on April 9 in New Zealand. The tax credit generally applies to middle-income earners. You will be eligible for the IETC if are a New Zealand tax resident and you meet...