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Blog: 6 things to know about sales tax in Canada

TaxConnex

What about the sales tax obligations? Our neighbors to the north share several similarities with the United States when it comes to sales tax – but there are key differences. Canada has the equivalent of states for tax purposes. Taxes are largely destination-based. Tax rates vary. July 2021,?“digital

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Staying on top of GST due dates in 2024

Xero

It can be tricky to keep tabs on the taxes and deductions you owe throughout the year as a small business. If your business is registered for GST, you’ll have a number of deadlines to meet during the new year to file and pay GST. New Zealand’s Inland Revenue sets a GST due date for each month.

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Superfund Chemical Excise Tax FAQ: What companies need to know

ThomsonReuters

Effective July 1, 2022, as required by the Infrastructure Investment and Jobs Act (IIJA) passed last November, the Internal Revenue Service (IRS) has reinstated the Superfund Chemical Excise Tax on a wide range of chemicals and substances. What is the purpose of the Superfund Chemical Excise Taxes?

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Why we can’t keep old reports (and other burning questions)

Xero

We’ve answered some of your most common questions, so you can feel confident about switching to new reports before 31 July 2023. We’ve had two versions of our reports for a while now — the older version and our ‘new’ reports. Eventually, you need to replace it with something new. Have another burning question?

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What are the different electric vehicle tax credits??

ThomsonReuters

Jump to: What are the tax credits available for electric vehicles? How does the electric vehicle tax credit work? For accountants, understanding these tax credits is essential in ensuring clients make the most of their investment in clean vehicles. What are the tax credits available for electric vehicles?

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How does the US’s new Superfund Excise tax impact European businesses?

ThomsonReuters

Unbeknown to many companies outside of the United States, the US has reinstated a long-dormant environmental tax known as the Superfund Excise Tax , which impacts certain companies in the EU and UK — especially those involved in the chemical, gas, and petroleum industries. Producing in the US. benzoic acid.

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App Partners of the Month: Xerocon London 2022 special edition

Xero

So, we thought we would switch it up for July’s App Partner of the Month by showcasing some of the Xero app partner success stories that exhibited at Xerocon London (21-22 July). . Preparing the UK for ‘Making Tax Digital’ in 2024. The UK Government’s Making Tax Digital (MTD) for ITSA will impact up to 4.2