TaxConnex

JULY 12, 2022

Georgia has amended the exemption from sales and use tax on the sale or lease of computer equipment to be used by qualifying Georgia high-tech companies. The bill also extends the sunset date of the sales tax exemption for the purchase of high-technology data center equipment to Dec. when the transition occurs.

Sales 177

Sales Tax Oklahoma Illinois 177

Inform Accounting

MARCH 21, 2023

In this blog we set out some of the main tax rates. INCOME TAX The personal allowance and basic rate band threshold are now frozen in place until 5 April 2028. As earnings increase, individuals will move into higher tax bands.

Tax 52

Tax income tax tax return corporation tax 52

Inform Accounting

NOVEMBER 18, 2022

Income tax and National Insurance contributions thresholds are staying the same until April 2028. The Upper rate tax band threshold will be lowered from £150,000 to £125,140 from 6th April 2023. Remember that small business owners bared the brunt of the tax increases? Still support for energy bills.

Tax 52

Tax income tax tax return corporation tax 52

Menzies

NOVEMBER 22, 2022

Menzies LLP - A leading chartered accountancy firm. In the 2022 autumn budget, Jeremy Hunt confirmed NIC thresholds would freeze until April 2028. Salary from directorships and employment income is subject to both employee’s and employer’s Class 1 NICs. Introduction. NICs were reduced back down by 1.25% as of November 2022.

income tax 52

income tax chartered accountant Tax Legal 52

Menzies

OCTOBER 27, 2023

Menzies LLP - A leading chartered accountancy firm. Capital gains tax (CGT) has traditionally been a tax that most people could ignore. However, as has happened with higher rate tax, the reach of CGT has been growing and will extend further over the next few years. Don’t sell! There is (currently) no CGT on death.

Tax 45

Tax income tax chartered accountant accounting firms 45

Shay CPA

JULY 26, 2023

Businesses participating in START-UP NY can enjoy several tax credits, including the Business Tax-Free NY Area Elimination Credit, which eliminates franchise tax and personal income tax calculated by the business when filing its tax return.

New York 52

New York income tax Technology Real Estate 52

Menzies

NOVEMBER 7, 2022

Menzies LLP - A leading chartered accountancy firm. Pensions and ISAs both offer tax advantages and form the foundation of any investment planning. The benefits of both types of investment increase as an individual’s marginal rates of tax rise. The tax-free cash element can give a pension a significant tax advantage over an ISA.

income tax 52

income tax chartered accountant Tax Government 52