Have you ever wondered why gas, cigarettes or alcohol cost so much? The answer often comes down to an excise tax — a special tax that’s built right into the price of certain goods. So, what is excise ...

Businesses in the United States have to pay a variety of taxes on the products they sell. The most common example of this is sales tax. But in some cases, companies may also have to pay excise taxes.

Whisky distillers have criticised a hike in duty which has come into effect just days after Sir Keir Starmer was hailing a tariff deal with China.

Chancellor Rachel Reeves has confirmed a new Electric Vehicle Excise Duty scheme with battery electric car owners paying three pence per mile in addition to the standard rates of Vehicle Excise Duty, ...

More than 230 years ago, one of the first acts of the First Congress in 1789 included a relatively mundane, but important, tax policy allowing a refund on excise taxes. Unfortunately, this has become ...

Motorists owning vehicles registered between 2001 and 2017 are among those set to be affected by major new car tax updates in ...

Starting February 1, India implements a new excise duty regime for cigarettes based on length, alongside a health cess on pan masala and tobacco products. This marks the first significant tax increase ...

New Vehicle Excise Duty (VED) car tax changes will come into effect for petrol, diesel and electric vehicle owners from April ...