Refund

HMRC will reduce the interest rate it charges on late tax payments to 7.25% from November 18, following the latest cut in the Bank of England's base rate. However, this reduction highlights a stark disparity: taxpayers will receive…

Billionaire industrialist Mohan Goliath has lost an appeal against the Kenya Revenue Authority (KRA) to reject his Sh1,782,386 tax refund claim on a Range Rover imported from the UK nearly 17 years ago. High Court Judge Alfred Mapia…

Most of the people who received money from Norfolk Southern followed last year A fiery train derails In eastern Ohio you won't have to pay taxes on millions of dollars in aid payments after all. Internal Revenue Service He said…

Cryptocurrency gambling platform Z Casino It has been at the center of major controversy over the past few months, with allegations of massive "rug pulling" that saw the platform walk away with more than $30…

The Kenya Revenue Authority (KRA) has ordered the return of over Sh54 million to home appliance and electronics company Hotpoint over bad debts arising from goods delivered to retail giant Nakumatt. The Tax Appeals Tribunal has…

The competition watchdog has punished several banks for overcharging borrowers charges they had not disclosed during lending amid a growing number of Kenyans who are taking on the institutions over their misconduct. At least five…

Economy Pain as unpaid tax refund claims hit Sh16 billion Thursday February 22 2024 The government accumulated an extra Sh4 billion in tax refund claims by businesses. CONCEPT | SHUTTERSTOCK The government accumulated an extra…

Galxe, a Web3 credentials and rewards platform, has taken measures to reassure its community in response to last week’s DNS attack. The platform announced a refund totaling slightly over $396,000 for over 980 affected…

Parents whose kids bought virtual gear without their knowledge on the popular Fortnite video game could soon be able to get a refund. U.S. regulators are starting to notify more than 37 million people by email that they may be eligible…

Oral arguments began on July 26 for an appeals case on a complaint a Tennessee couple filed against the United States Internal Revenue Service (IRS) on calculating their taxes based on earnings from staking tokens. Joshua and Jessica…