ISDC Direct’s Post

Tax planning should ideally be a year-round affair. But there are year-end considerations to be mindful of to prepare for a good tax and financial year ahead. https://lnkd.in/gdt-gguF #personalfinance #edmonton #yegbusiness

R&D tax credits 2024 budget update 🤔 HMRC to set up an expert advisor panel to support the administration of the scheme. Hopefully this will be a balanced panel and not exclusively from academia. But it still leaves the Inspector to interpret the guidance and advice received which is where the issues seem to sit. But maybe this is a move in the direction of a UK version of AusIndustry who are also described as providing an "expert review" of the claim? 😐 The merged scheme is going ahead as of 1st April 2024. A simplified scheme that only requires 30 pages of guidance to cover two changes. I've covered the key points on this scheme so won't post anymore for now. But there are gaps in the support provided for innovative companies so I'll pick up on that topic in subsequent posts. #budget2024 #budget #tax

📊 Budget 2025 Key Highlights 📊 Budget 2025 is here with critical updates on Income Tax, VAT, business incentives, and more. Whether you're an employer, a property owner, or in the agriculture sector, these changes are important for planning the year ahead. 📝 Click below to download your Budget 2025 Summary for more in-depth insights into the financial updates that matter to you. #Budget2025 #IncomeTaxChanges #VATThresholds #EmployerSupport #BusinessIncentives #IrelandTaxUpdates #AmerginGroup

🚀 New Blog Alert! 📰 Get the lowdown on the taxation changes in the Interim Budget 2024 with our latest post on The Fintax Whisperer! 🏛️💼 From new tax slabs to important amendments, our detailed analysis breaks it all down for you. 📊💡 Stay informed and see how these changes could impact you and your business. Read the full blog now #InterimBudget2024 #Taxation #Finance #Economy #Policy #BudgetAnalysis #TheFintaxWhisperer #TaxChanges #Accounting #FinanceProfessionals

📊 Budget 2025 Key Highlights 📊 Budget 2025 is here with critical updates on Income Tax, VAT, business incentives, and more. Whether you're an employer, a property owner, or in the agriculture sector, these changes are important for planning the year ahead. 📝 Click below to download your Budget 2025 Summary for more in-depth insights into the financial updates that matter to you. #Budget2025 #IncomeTaxChanges #VATThresholds #EmployerSupport #BusinessIncentives #IrelandTaxUpdates

Budget update: Business Taxes   The Chancellor yesterday set out her plans for this Parliament term, aiming to provide more stability, predictability and certainty to businesses, including through a newly published Corporate Tax Roadmap. Some key takeaways:   ✅ Corporation Tax cap of 25% to be maintained for the full Parliament.  ✅ Commitment to maintain the Capital Allowances Full Expensing regime.  ✅ Commitment to maintain existing R&D reliefs.  ✅ Commitment to maintain the Deductibility of Debt.  📈 Employer NICs rate to increase to 15%. 📈 Employer NICs threshold to be lowered to £5,000.  📈 Employment Allowance to be increased.  📈 HMRC interest rate on unpaid taxes to be increased.  🔍 Commitment to clarify Capital Allowances qualification requirements.  🔍 Commitment to extend Full Expensing to Leasing and Hiring.  🔍 Commitment to consult on the widened use of advance R&D Relief clearances.  🔍 Commitment to consult on existing rules on transfer pricing, including the potential removal of UK-to-UK transfer pricing.    See a more detailed breakdown of the proposals on our Budget website: https://lnkd.in/esgA3nGp

#BUDGET UPDATES : DETAILED ANAYSIS OF FINANCE (NO. 2) BILL, 2024 – GST https://lnkd.in/gtqWbUiZ #UnionBudget24 #Budget #FinanceBill2024 #tax #budgetwithtaxonation #financebudget

Revenue Secretary shares 3 reasons for changes in Capital Gains #tax in #Budget2024 #Revenue Secretary Sanjay Malhotra revealed that changes in the capital gains tax in the Union Budget 2024 were driven by simplicity, fairness, and equity. Simplifying the tax process, ensuring fairness across asset classes, and maintaining an equitable approach were the main objectives. He highlighted the importance of increased tax compliance and comprehensive review of the Income Tax Act. Story by Vikas Kumar #TaxReforms #FairTaxation #EquitableTax #IncomeTaxAct #TaxCompliance #RevenueSecretary #TaxSimplification #SanjayMalhotra #TaxEquity #IndiaBudget2024 #TaxPolicy #EconomicReforms https://lnkd.in/gkV6Gfbg

Strategic Tax Planning in 2024: Making the Most of Your Finances Beyond Budget Changes #fintophq #ai #tax #budget #budget2024 #finance #taxation #india Read More: https://lnkd.in/dtqpqa2B