#TPT Tax Rates Table - January 2025: bit.ly/441uLJk
Arizona Department of Revenue’s Post
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Ideal Income Tax rate should be:- No Tax :- Upto 10L 10% :- 11L to 20L 20% :- 21L to 30L 30% :- Above 31L Chapter VI can be removed after providing the same. #IncomeTax #TaxPlanning
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Ruth Mwiti-Your on point- High taxes lowers disposable income, decreases the rate of capital expenditures, more companies collapses, high rate of unemployment sneaks in, employment become scam, salaries not able to pull individual out of poverty, not able to see the difference between most people who have worked for the last 30yrs and someone who has worked for 5 years- Its a subject that needs alot of learning, relearning and unlearning.
Experienced tax consultant specializing in tax compliance, tax advisory, management of KRA disputes and tax training services at TAC Professional Services Kenya
Let me leave this one here Tax cuts vs Tax hikes #financebill2024
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High marginal tax rates can discourage work, saving, investment, and innovation, while specific tax preferences can affect the allocation of economic resources. The Laffer Curve economic theory suggests that there is an optimal tax rate that maximizes revenue. Beyond this rate, higher taxes discourage economic activity, reducing overall tax revenue. The Laffer Curve implies that excessively high tax rates can lead to decreased economic growth and lower tax revenue.
Experienced tax consultant specializing in tax compliance, tax advisory, management of KRA disputes and tax training services at TAC Professional Services Kenya
Let me leave this one here Tax cuts vs Tax hikes #financebill2024
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Taxes top of mind? Here is a brief description of two current and one anticipated update to the tax code https://lnkd.in/dc6yijzE
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Check out these 3 tax reduction strategies. https://bit.ly/3zMUCuy
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Read this article to find out about the tax rates and allowances applying for the 2024/25 tax year. Read Here:- https://lnkd.in/emHRDpYu #taxrates #incometax #cgt #dividendtax
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New Tax Regime revised in Budget 2024 Vs Present New Tax Regime. There is changes in tax slabs and standard deduction. #budget2024 #taxrates #incometax
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Read this article to find out about the tax rates and allowances applying for the 2024/25 tax year. Read Here:- https://lnkd.in/eYRauYQi #taxrates #incometax #cgt #dividendtax
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Given the new tax year has started, it's a good time to check your tax code. If it's wrong, you could be paying more tax than you should, or almost as bad, your not paying enough and are going to get hit with a nasty surprise when your code gets corrected. The link in the below post will take you to an explanation of what your tax code means.
Are you paying the right amount of tax? Check your tax code by following the below link:- https://lnkd.in/ghVr_PS5
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