All articles tagged with #dependents
MarketWatch highlights three tax decisions you should avoid changing mid‑year to prevent IRS glitches: the order of names on a joint return for married couples, how you handle depreciation and carryforwards, and who claims dependents (with Form 8332 for transfers). The piece stresses keeping these items consistent and well-documented to reduce the chances of notices or audits, while noting there are legitimate changes when properly documented.
The UK government plans to cut immigration by implementing new measures that will make it more difficult for companies to hire workers. Starting next spring, individuals hoping to obtain a work visa will need to earn at least £38,700 per year, up from £26,200. Visa exemptions for sectors facing labor shortages will be reviewed, and rules on bringing in foreign spouses and dependents will be tightened. The government's aim is to reduce net migration by 300,000 people. However, these measures have faced criticism from businesses, as they fear it will exacerbate recruitment difficulties and create regional disparities. The changes may also hinder the recruitment of health and social care workers, despite exemptions for these sectors.
The UK government has announced new visa regulations for international students, aimed at restricting the number of family members they can bring into the country. The new policy will only allow family members of international students on postgraduate research programmes to join them in Britain. The move is part of a broader effort to curb a sharp rise in visas granted to dependents of students. The regulations will go into effect starting January 2024 and are expected to drastically reduce the number of postgraduate students who can bring their spouses or children to the UK.