This article looks at the changes made by the Finance Act 2023 (which is the legislation as it relates to the tax year 2023–24) and should be read by those of you who are taking TX-UK in an exam in the period 1 June 2024 to 31 March 2025. The Finance (No. 2) Act 202...
The Finance Act 2023 (FA2023 or the Act), which former President Muhammadu Buhari signed into law on 28 May 2023, introduces significant changes to the existing tax laws and regulatory framework, aiming to foster economic growth, enhance fiscal stability and promote sustainable development. ...
Over the years, this lesson has been emphasized by the evolution of financial instruments such as leases, which may act as substitutes for debt, and options, the valuation of which can, once again, be understood by constructing comparable portfolios with and without options and requiring that the...
They must incorporate more circuit breakers and track the enormity of the scams that are taking place. Tracking is not good enough; they must also act on it. With Budget 2025 to be tabled next week, I hope our reform-minded Finance Minister introduces stronger and better measures to help M...
is subject to commodity tax. The PPP Act provides: (1) an import duty exemption for certain qualified equipment used by construction contractors; and (2) a deferred (until one year after commercial operations) instalment payment of import duty on operating equipment to be used by a project com...
This enables customers and retailers to transact automatically since the service providers act as intermediaries. Currently, there are a lot of payment service provider companies, and therefore one has to consider the following factors before choosing the best payment service provider. Security Frauds ...
Nicolas Puech’s lawyers say he no longer owns about six million shares worth roughly US$13 billion with Video July 30, 2024High Net Worth Lured out of retirement by a $36.8-million package, Suncor's Rich Kruger was Alberta's top-paid executive in 2023 ...
In May 2022, Denmark updated its bookkeeping law, replacing the 1999 act. This new law, known as the Danish Bookkeeping Act, no. 700 of 24 May 2022 (the "Act"), and any issued Executive Orders, govern the bookkeeping responsibilities for commercial enterprises in Denmark, including foreign...
GST, Goods and Service Tax Act passed in the parliament of India on 27th March 2017 and came into effect on 1st July 2017. The day was celebrated on 1st July 2018 to mark the first anniversary of the new indirect tax regime.GST is a single indirect tax on the supply of goods and ser...
This article looks at the changes made by the Finance Act 2021 (which is the legislation as it relates to the tax year 2021–22) and should be read by those of you who are taking TX-UK in an exam in the period 1 June 2022 to 31 March 2023. The aim of the article is to summa...