Australia needs a better tax system to boost productivity and growth. Both major parties should be talking with urgency about ...
The potential elimination of the BIRT exemption places new pressures on small businesses, making immediate tax reform not ...
Living in one of the five states with no sales tax may seem appealing because you won’t have to pay tax when shopping for ...
Tax receipts in the first two months of this year are up 12% on the same time in 2024, indicating that the economy continues to power ahead. In addition, the State's coffers benefitted from a €1 ...
In case of additions relating to unaccounted cash receipts and expenses including investments, the AO calculated the tax as per the provisions of section 115BBE of the Act. CIT(A) provided relief in ...
The CRA is administering the extension for 2024 charitable donations. This extends the deadline for making donations eligible for tax support in the 2024 tax year to February 28, 2025. Charities and ...
Tax thresholds and allowances will be frozen again from April 6, eroding their value in real terms once again. Taxpayers buckling under today’s record-high burden should take the fight to ...
Fuel duty is levied on purchases of petrol, diesel and a variety of other fuels and currently represents around 2 per cent of all tax receipts - or £850 per household. In 2023, the Treasury ...
As an option, the government may consider a strategic reform of the current indirect tax landscape with a view to lead the country towards economic growth, and secure increased and more ...
The commission proposed eliminating the business income and receipts tax, or BIRT, within eight to 12 years, and reducing the wage tax from 3.75% for city residents to under 3% in about a decade. It ...
Colombo, Feb 25 (Daily Mirror) - Heavy reliance on indirect taxes is continuing to push up the cost of living, despite repeated efforts by successive governments to ease the financial strain by ...