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Severance pay doesn't absolve you from advance tax payment; Know how much tax to pay and advance tax schedule to follow - The Economic Times Severance pay received after job termination is taxable. Individuals must pay advance tax by March 15 to avoid penalties. This payment is treated as salary income and taxed at normal slab rates. Ensur...

Severance pay doesn't absolve you from advance tax payment; Know how much tax to pay and advance tax schedule to follow

economictimes.indiatimes.com/wealth/tax/s...
#AdvanceTax #TaxUpdate #SeverancePay

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IRS Issues Private Letter Ruling Finding Medicaid Payments to In-Home Care Providers Excludable Difficulty of Care Payments The IRS issued a private letter ruling on I.R.C. §§131, 6041, and 6051, determining that Medicaid payments made under a state’s in-home supportive care program to care providers residing with ...

IRS rules Medicaid payments to in-home caregivers are tax-exempt “difficulty of care” payments. Details here: https://ow.ly/F6zM50YrvOA

#IRS #Medicaid #TaxUpdate #Caregivers

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Prepare for 2026/27: Businesses April 2026 sees the start of Making Tax Digital (MTD) for income tax, changes to capital allowances and the construction industry scheme (CIS), and the introduction of a new VAT relief for qualifying…

April 2026 brings a wave of updates — MTD for income tax, new capital allowance rules, CIS changes, and even VAT relief for donated goods.

A useful heads‑up for founders planning ahead: www.icaew.com/insights/tax...

#TaxUpdate #SmallBusiness

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Key Facts and Deadlines Regarding Making Tax Digital for Income Tax With fewer than 40 days to go until Making Tax Digital (MTD) for Income Tax begins, HMRC has clarified several important points — including the use of bridgin

Key Facts and Deadlines Regarding Making Tax Digital for Income Tax

Read more: davenports.info/3Oyjk9t

#MakingTaxDigital #MTD #IncomeTax #TaxUpdate #TaxNews #UKTax #HMRC #TaxCompliance #TaxDeadlines #TaxPlanning

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🇮🇳🤝🇫🇷 India–France sign Protocol to amend DTAC (1992).

Key changes:
1• Capital gains on shares taxable in company’s residence country 🔥
2• MFN clause removed

Big impact for cross-border investors & MNCs.

#EZTax #DTAA #InternationalTax #France #TaxUpdate

Source: pib.gov.in/

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Big win for taxpayers! ITAT Mumbai deletes $LTCG addition of ₹6.15 lakh in penny stock case, citing lack of direct evidence.
#PennyStock #TaxUpdate #ITATMumbai

https://a777.lt/4DaFSA

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SME explainer: The rules on employment status has have changed - Think Business The Karshan Judgement has changed the rules on employment status. Keith Daly, tax director at Xeinadin Ireland outlines what you need to know. The Irish Supreme Court’s decision in the Karshan case ha...

SME explainer: The rules on employment status has have changed - The Karshan Judgement has changed the rules on employment status. Keith Daly, tax director at Xeinadin Ireland outlines what you need to know
#Irish #business #TaxUpdate #Employment #Karshan #SMEs
www.thinkbusiness.ie/articles/sme...

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11 tax changes to know about in 2026 - Which? From dividend tax rises to council tax increases, several tax changes are set to affect your finances in 2026

From dividend tax rises to shifts in council tax, 2026 is shaping up to be a big year for personal and business finances.

A handy overview of the changes worth planning for now: www.which.co.uk/news/article...

#TaxUpdate #UKBusiness

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HMRC app usage is accelerating, logging 136 million logins and surpassing 7.18 million users this year.

hdcc.me/news

#HDCC #TaxUpdate #DigitalTransformation

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UAE Announces Key Updates to VAT & Tax Procedures Law UAE announces important updates to VAT and Tax Procedures Law to make tax rules simpler, clearer, and easier for businesses to follow.

Excellence explains UAE tax updates, enhances VAT compliance and simplifying procedures. Check out this – www.excellenceauditing.com/uae-announce...

Contact Us –
Call Us - +971 4557 0410
Mail Us - info@excellenceauditing.com

#Taxupdate #Vat #UAE #Excellence #law #Dubai #VATCompliace #FinanceNews

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Tax changes coming in 2026 could affect the take-home pay of millions of Canadians. We break down what’s changing — from tax brackets to EI, CPP and child benefits — with accountant Paulo Pereira.
Sunday at 5pm & 11pm on OMNI 1.

#CanadaTaxes #TaxUpdate

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UK Budget 2025: What It Means for Individuals, Landlords, and Small Businesses Bookkeeping, VAT, payroll, accountancy and tax services for small business and individuals including landlords and influencers.

The 2025 UK Budget - what it means for you 👇

We’ve broken down all the key announcements in our latest blog:
👉 www.cjlaccountancy.co.uk/uk-budget-20...

#Budget2025 #TaxUpdate #CJLAccountancy #UKTax #SmallBusiness #Accountants #Landlords #TaxPlanning #DividendTax #IncomeTax

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Big news for Canadians! The lowest federal tax rate drops to 14% starting July 1. That’s an extra $22 million in savings for 22 million taxpayers.

#CanadaTax #TaxUpdate #CanadianTaxes #FinanceNews #explore #CanadianResidents #MoneyMatters #TaxRateDrop #CanadaNews #PersonalFinanceCanada #TaxTips

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Big changes for UK businesses: simpler tax for pensioners, less red tape for firms, and new support needed for hiring. Stay ahead—read the latest insights from Valentis.

valentis.co.uk/blog/simplifying-tax-cut...

#UKBusiness #TaxUpdate #Valent

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What You Need to Know About the 2025 Tax Law Changes - Gleason Tax Advisory The 2025 Tax Law Changes are sweeping—enacted July 4, 2025—brings major updates to the tax code, especially for individuals and families.

🚗 Just bought a new car? 👶 Have kids under 18? 👵 Over age 65?
The 2025 tax law changes bring something for everyone.
We've broken it down so you can plan ahead and file smart.
👉 Read our guide: https://loom.ly/Z8uXftA #TaxUpdate #FamilyFinances #SmartFiling

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UK tax is being redefined—new reforms, tougher rules, and smarter oversight. Discover what it means for your business and how to stay resilient with Valentis.

#TaxUpdate #UKBusiness #Valentis

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Big 2025 tax changes! 🌟
The “One, Big, Beautiful Bill” adds:
• No tax on tips (to $25K)
• Overtime & car loan deductions
• Extra $6K for seniors 65+

Plan ahead to maximize your refund. 💼
📞 Centsational Tax Solutions
🔗 https://www.centsationaltax.com

#TaxUpdate #CentsationalTaxSolutions

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HMRC to resume taking tax owed by debtors directly from their bank accounts - Valentis HMRC has restarted its Direct Recovery of Debts (DRD) programme, paused during the pandemic, in a “test and learn” phase. The power allows HMRC to require

HMRC can now recover £1,000+ tax #debts directly from bank accounts. Safeguards apply: £5k left in place + face-to-face visit—a warning to engage early, not ignore. Full update 👉 valentis.co.uk/blog/hmrc-to...

#HMRC #TaxUpdate #MakingTaxDigital #UKTax #TaxCompliance #DirectRecovery #UKBusiness

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🧾 Big change ahead: From April 2026, self-employed individuals & landlords earning £50k+ must comply with MTD for Income Tax. #MakingTaxDigital #TaxUpdate

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Mark Ludlow from RDJ’s Tax team explores how a recent High Court ruling is reshaping how accommodation income is classified and outlines corporate reorganisations under Revenue’s microscope. #RDJ #TaxUpdate

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Big relief ahead? Govt may slash GST on insurance premiums to 0%.
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#GST #InsuranceNews #TaxUpdate #FinanceIndia #InsurancePremium #GSTUpdate #GovernmentPolicy #TaxRelief #FinancialNews #IndiaEconomy
#sakshamagrawal

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Nagaland records sharp surge in GST revenue Nagaland recorded a sharp surge in GST revenue, with 104% jump in June alone. The state tax department celebrated this milestone

The department credits these gains to structural improvements, skill development initiatives, adoption of best practices, and a revamp of enforcement mechanisms
#Nagaland #GSTRevenue #TaxUpdate #RevenueRise
nenow.in/north-east-n...

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The #IRS has cut nearly 25% of its workforce in 2025, with major reductions in Taxpayer Services, IT, and Small Business divisions. Counsel Rebecca Wohltman breaks down what this means for businesses and taxpayers here➡️ bit.ly/3GBFFzx #TaxUpdate #TaxLaw #CorporateLaw

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DON'T MISS THIS: We're hosting a straight-shooting, LinkedIn Live Q&A where Tri-Merit experts will unpack what the One Big Beautiful Bill means.

lnkd.in/gBipsPPg

#OBBB #taxupdates #taxupdate #trimerit

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One Big Beautiful Bill Act - TCJA Extensions Plus More (E2507254) With the signing into law of the One Big Beautiful Bill Act, CPAs are now faced with understanding a large new tax bill and applying what’s in the bill to their clients and companies in 2025 and beyon...

Join us for a July 10 webinar with noted tax expert Ed Zollars, CPA as he breaks down the tax elements of the One Big Beautiful Bill Act: www.njcpa.org/learn/explor...

#obbba #taxact #tcja #tax #taxupdate #webinar #cpa

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