COGNICURRENT

German savers can make voluntary contributions to the statutory pension insurance until the end of March 2025 to save on taxes, which may benefit their retirement.

The article discusses the new tax relief for soldiers and other changes in tax regulations that have come into effect for the year 2025 in Poland.

A survey indicates that a significant portion of Latvian residents intend to use recovered income tax overpayments for everyday expenses and savings.

More than 1.4 million basic rate taxpayers in the UK are facing an average £641 tax bill on savings interest due to rising taxation, according to new HMRC data.

UK savers must be aware of the £20,000 cap on tax-free savings in Individual Savings Accounts (ISAs) as the new tax year approaches in April.

UK workers are advised to take immediate action regarding a potential tax bill of £641 on their savings interest following new HMRC data indicating a significant increase in those affected.

The article outlines how employees in Slovakia, like Karol, need to declare income earned from renting apartments and offers practical advice on tax exemptions and deductions.

The article explains how individuals can benefit from the IKZE tax deduction and recover money through lower taxes when filing their annual tax returns.

A savings bank in Niedersachsen, Germany, faced a tax dispute over a lavish farewell party for its retiring CEO, which was deemed to exceed allowable expense limits, but successfully defended against the tax authorities' claims.

The Spanish government plans to revive a savings product that enables individuals to save up to 5,000 euros annually without tax on the gains, aiming to channel investments towards European business projects.

A recent study reveals that only 26% of Estonians intend to save or invest their income tax refund, while many plan to use it for daily expenses.

People nearing retirement will encounter a significant change in ISA savings rules starting April 2027, affecting their tax-free savings options.

Czech taxpayers are set to benefit from the return of kindergarten subsidies and additional tax reliefs, leading to significant savings annually.

The Finnish government's tax discussions have recently spotlighted the controversial transfer tax, suggesting potential savings for homebuyers.

The deadline to pay the IPVA tax with a 15% discount has been extended until February 25 in Bahia following a payment system overload.

Argentina's tax agency ARCA has declared that interest earned on foreign currency deposits will not be subject to income tax withholdings.

Luis Caputo, Argentina's Economy Minister, urged citizens to deposit their savings in banks as part of a new tax amnesty initiative, prompting ironic remarks from Senator Juliana Di Tullio.

Argentina's Executive Power has implemented the tax innocence law to promote the flow of informal savings into the formal financial system without scrutinizing the origins of those savings.

Argentina's new Fiscal Innocence Law aims to encourage citizens to declare their hidden savings by simplifying tax regulations and limiting government audits on income and deductions.

With the recent VAT reduction for restaurants in Germany, some owners are still keeping their prices unchanged while others pass on savings to customers.

Finance Minister Nirmala Sitharaman announced in the Union Budget 2026 that there would be no changes to the income tax slabs, allowing salaried taxpayers to reduce their tax liabilities even if they earn over 14 lakhs through new provisions.

The article discusses the significant tax-saving potentials for families related to children, education, care costs, and capital assets, often underestimated, and highlights key cost items to consider.

Martin Lewis advised a saver on the tax implications of Premium Bonds while highlighting the current prize fund rate and odds of winning.

The Economy Ministry clashes with the Treasury over tax benefits related to savings and investment, as the government plans a new investment account to incentivize financial engagement from citizens.

The decrease in the interest rate of the Livret A starting February 1, 2026, will lead to lower returns on several tax-exempt savings products such as the Sustainable and Solidarity Development Booklet (LDDS), the youth booklet, and the Housing Savings Account (CEL).

Serge Papin has proposed allowing employees earning less than two minimum wages to withdraw 2000 euros from their employee savings plan tax-free, with the potential for more through parliamentary debate.

A finance expert advises homeowners in England and Scotland to check their council tax band to potentially recover thousands of pounds due to incorrect classifications.

Financial experts advise on how to avoid tax on savings, highlighting a vital £20,000 limit that will change in 2027.

The Basque Country has changed the taxation of pension contributions to classify returns as savings income rather than labor income, creating a discrepancy with other Spanish regions.

The Spanish government is working on creating an investment account with tax incentives to redirect savings to financial markets, following a decline in pension contributions due to recent fiscal policies.

The implementation of automatic interbank controls to check for multiple tax-exempt savings accounts has been postponed to 2027 due to complex technical development requirements, according to the government.