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Tag: tax

JPJ issues statement – department has not authorised Bjak for road tax renewal transactions

May 6, 2024 No Comments Auto , , , ,

File image; new LKM and driver’s license formatsThe road transport department (JPJ) has issued a statement regarding an online promotion by Bjak that claims the issuance of road tax free-of-charge, alongside the companies online road tax renewal service that is offered to the public. The road transport department stresses that neither the ministry of transport [...]read moreJPJ issues statement – department has not authorised Bjak for road tax renewal transactions

U.S. loosens battery rules, potentially making more cars eligible for EV tax credits

May 3, 2024 No Comments Auto , , ,

DETROIT — The U.S. government has loosened some rules governing electric vehicle tax credits a bit, potentially making more EVs eligible for credits of up to $7,500. The Treasury Department announced final regulations for the credits under the 2022 Inflation Reduction Act on Friday, giving automakers more time to comply with some provisions about where [...]read moreU.S. loosens battery rules, potentially making more cars eligible for EV tax credits

Body Shop targets tax bill deal to funnel more cash to creditors

April 15, 2024 No Comments Business , , ,

The Body Shop putting together a plan to cut its tax bill once it’s profitable in order to provide more cash for its creditors, a report has claimed. The Body Shop – Reuters The Times said its administrators want to retain tax benefits worth £66 million built up before the chain’s recent collapse as they [...]read moreBody Shop targets tax bill deal to funnel more cash to creditors

U.S. issues $580 million in point-of-sale EV tax rebates so far this year

April 13, 2024 No Comments Auto , , , ,

WASHINGTON — The U.S. government has reimbursed auto dealers for more than $580 million in advance point-of-sale consumer electric vehicle (EV) tax credit payments since Jan. 1, the Treasury said on Friday. Prior to 2024, U.S. auto buyers could only take advantage of the new EV credit of up to $7,500 or the $4,000 used [...]read moreU.S. issues $580 million in point-of-sale EV tax rebates so far this year

Best Deals on H&R Block Software for Fast Tax Filing and Tax Returns, Tax Prep Software, Small Business

April 11, 2024 No Comments Entertainment , , , , , , , ,

With just a few days left to file taxes by April 15th, the deadline is nearly upon us. If you’re not quite ready, don’t sweat it — but do consider filing an extension if you need more time. However, you can also carpe diem that filing with a timely deal on H&R Block software today [...]read moreBest Deals on H&R Block Software for Fast Tax Filing and Tax Returns, Tax Prep Software, Small Business

New EV road tax structure to be announced this month – cheaper than ICE vehicles to promote EV adoption

April 1, 2024 No Comments Auto , , , ,

The transport ministry is currently in the final stage of reviewing a new road tax structure for electric vehicles (EVs), with an announcement on the matter expected to take place before the end of April 2024. As reported by Bernama, transport minister Anthony Loke said the decision to review the road tax structure is to [...]read moreNew EV road tax structure to be announced this month – cheaper than ICE vehicles to promote EV adoption

High-Value Goods Tax implementation put on hold, finance ministry says gov’t to announce new date later

March 29, 2024 No Comments Auto , , , , ,

The High-Value Goods Tax (HVGT), which was supposed to be implemented from May 1, 2024, has been put on hold. It was reported that this is due to the finance ministry’s postponement in presenting the bill to parliament. According to The Edge, the delay in the bill was due to disagreements over the definition of [...]read moreHigh-Value Goods Tax implementation put on hold, finance ministry says gov’t to announce new date later

The tax inspectors competing to be Senegal’s new president | Elections News

March 23, 2024 No Comments News , , ,

Dakar, Senegal – Trust and power seem to converge in the hands of tax inspectors in Senegal, as the country is ready to vote in a highly anticipated presidential election on Sunday. The political figures receiving the most attention out of 17 presidential hopefuls during this electoral cycle – candidates Amadou Ba, Bassirou Diomaye Faye, [...]read moreThe tax inspectors competing to be Senegal’s new president | Elections News

Our Rental Tripled in Value—Here’s How We’re Using a 1031 Exchange To Avoid a Massive Tax Bill

March 22, 2024 No Comments Real estate , , ,

In this article When my husband and I got married, we bought our first place—a brand-new, 1.5-bedroom condo—in Bedford–Stuyvesant, Brooklyn. At the time, the Bed–Stuy neighborhood was rough—for example, a biker gang that loved to throw huge all-night parties was headquartered at the end of our block, and there were abandoned buildings every few feet, [...]read moreOur Rental Tripled in Value—Here’s How We’re Using a 1031 Exchange To Avoid a Massive Tax Bill

Essential Tax Breaks Every Real Estate Investor Should Know in 2024

March 2, 2024 No Comments Real estate , , , ,

In this article   This article is presented by Steadily. Read our editorial guidelines for more information. Running a rental business comes with its fair share of headaches, but one upside is that just about every rental activity associated with buying, maintaining, and operating a rental property is tax-deductible. We’ll walk through a checklist so you remember to [...]read moreEssential Tax Breaks Every Real Estate Investor Should Know in 2024