Last night, in his third annual Federal Budget since taking office in 2022, Treasurer Jim Chalmers outlined his plan for tax reform in the 2024 Federal Budget. In this episode of the Be Better Off Show, hear from Brett Kelly and the Kelly Partners Tax Consulting team as they unpack the key takeaways from the Federal Budget. Some key tax measures announced in the Federal Budget include: - Stage 3 tax cuts - Extending the $20,000 instant asset write-off for eligible businesses - Strengthening foreign resident CGT rules and penalising multinationals that seek to avoid paying Australian royalty withholding tax. Watch the episode here https://lnkd.in/ePseMp9R
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🔍 In this new brief, our Executive Director Wilson Prichard unpacks the concept of 'tax morale.' He argues it's important to distinguish between conditional and unconditional tax morale to better understand tax compliance and the broader social contract. Read the 2-pager here! 👇 https://lnkd.in/gCxwHPsJ
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Finance Function Support Partner at RSM UK | Energy and Natural Resources | Providing finance function support to new and established businesses in the UK and beyond
Tax facts 2023/24 Following the chancellor’s recent Autumn Statement, RSM’s Tax facts has been updated to reflect the latest changes and developments which may impact you. A summary of the key UK tax rates, allowances and thresholds, Tax facts aims to help individuals and businesses with tax planning and compliance. If you would like to discuss how the announcements made in the Autumn Statement affect you and your business, please get in touch. Read the latest tax facts;
Tax facts | RSM UK
rsmuk.com
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Taxes and tax exemptions come and go. But when the Chancellor of the Exchequer, Jeremy Hunt, announced in the Spring Budget last month that non-domiciled tax status would be abolished in the UK, it was a truly historic moment in the annals of UK tax administration. Read more here... https://lnkd.in/evuqKDEu #Tax #TaxExemptions #NonDomTaxStatus #SpringBudget #UKGovernment
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Taxes and tax exemptions come and go. But when the Chancellor of the Exchequer, Jeremy Hunt, announced in the Spring Budget last month that non-domiciled tax status would be abolished in the UK, it was a truly historic moment in the annals of UK tax administration. Read more here... https://sowo.kr/wqLgfVu6 #Tax #TaxExemptions #NonDomTaxStatus #SpringBudget #UKGovernment
UK Government Has Called Time on Non-Dom Tax Status
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It's time for another round of tax reform; but, in contrast to the Carter Commission, we need to focus on the tax system’s negative impact on Canadian economic performance rather than strive for an ideal tax system. Learn more: https://bit.ly/3SBhzbb #IntelligenceMemo #CdnPoli #CdnEcon
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The end of the tax year is just around the corner, so now is the perfect time to download our ‘Year end tax planning summary 2024’… It pays to ensure that your family and business finances are in order as there are many useful ways to arrange your affairs tax efficiently, and our summary offers an overview of some of these. Where you have discretion over the timing of income, for example, you can establish when that income is best taken — in this tax year or the next. A review before 5 April 2024 could therefore have a significant effect on your tax position. Download the summary: https://bit.ly/3T7aWO4 #tax #TaxYear #BusinessFinance #PersonalFinance
Year end tax planning summary 2024
uhy-uk.com
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What next for tax reliefs? Helen Adams considers the National Audit Office's recommendations on tax reliefs and what these might mean for advisers and their clients if implemented. Read more https://lnkd.in/etysWYW4 This week's Taxation is out now! #magazines #taxrelief
What next for tax reliefs?
taxation.co.uk
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The Stage Three Tax Cuts, a key component of the 2024–25 Australian Federal Budget, bring about substantial modifications to the tax system. The main objective is to streamline the tax system and offer assistance to individuals. ➡️ Full Story: https://hubs.li/Q02zpF1D0
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Struggling with understanding Canadian Corporate Tax Returns? At Strata-G Tax, we've got you covered! Our latest blog post, "The Ripple Effect: Consequences of Late Corporate Tax Returns in Canada," delves into the impact of late filing on businesses and provides key insights on how to navigate the corporate tax landscape. Check it out now! https://buff.ly/483aFkO #corporatetax #taxreturns #financialpenalties #taxcompliance #businessadvice #taxplanning #taxstrategy #stratagtax
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