H&R Block Australia’s Post

The Lifetime Learning Credit provides a tax break of up to $2,000 per return for tuition at qualified institutions, useful for undergraduate, graduate, and professional development courses, with no requirement for part-time enrollment. Unlike the American Opportunity Tax Credit, which is limited to the first four years of college, this credit offers flexibility for lifelong learners aiming to enhance their job skills at any educational level. Write to Tax@MyTaxFiler.com for effective tax-saving strategies and tips. #LifetimeLearningCredit #taxbreak #tuition #education #TaxSavingTips

🚀 Upcoming course alert! Are you ready to delve into the intricate world of Employment Related Securities (ERS)? Join Redcliffe Training for an exclusive course designed to equip you with the knowledge and skills to navigate the Tax and Reporting Implications of ERS seamlessly. Hosted by Redcliffe, a leading provider of Private and Corporate Tax courses, this immersive training promises to be a game-changer for tax professionals, and anyone involved in compensation planning. In this comprehensive course, you will: 🔍 Gain a deep understanding of the tax implications surrounding Employment Related Securities, including share options, awards, and incentives. 📊 Explore the intricate reporting requirements, ensuring compliance with the latest regulations and standards. 💡 Learn practical strategies to optimize tax efficiencies while mitigating risks associated with ERS. 🤝 Network with industry peers and experts, fostering valuable connections for future collaborations and insights. Led by a seasoned professional with years of hands-on experience, this course combines theoretical knowledge with real-world case studies, offering a holistic learning experience that is both enriching and applicable. Whether you're a tax advisor looking to enhance your expertise, seeking to streamline your company's strategies, or a finance executive aiming to stay ahead of regulatory changes, this course is tailored to meet your needs. 🔗 Ready to take your understanding of Employment Related Securities to the next level? Enrol now and unlock the potential for professional growth and success! Course Details: 📅 Date: 3rd May 2024 🕒 Time: 9:30-1:00 UK tome 📍 Location: Zoom 💼 Who Should Attend: Tax Professionals, Finance Executives, and Non-tax professionals to understand the tax implications for individuals and companies who are party to ERSs. 🔗 Learn More & Register: (in the comments below) Don't miss out on this invaluable opportunity to master the complexities of ERS taxation and reporting. Secure your spot today and pave the way for a brighter, more informed future! #Taxation #EmploymentRelatedSecurities #ProfessionalDevelopment #TaxTraining #RedcliffeTraining

172 STUDENTS 3 "LEARNING TO EARNING" WORKSHOPS 28 DEGREES...(IN TEMPERATURE) And this ⬇ is what they said they liked.... "The interactive questions" "Learning new things about payslips" "Learning about credit and tax" "Lots of interaction" "Very informative" "Funmi was really nice, she made my experience enjoyable" "How everything was explained in depth" "Learning about how payslips work" "All the info" "How friendly and informative the speaker was" We covered... ☑ Employment contracts ☑ Payslips ☑ Taxes ☑ P45 & P60 ☑ Bank accounts ☑ Credit ☑ Saving ☑ Self employment ☑ Tax returns And the best bit? Lots and lots and lots of questions from students wanting to know more. Bitesize money info that our young people WANT and NEED as they enter into adulthood. A huge thanks to Saint Francis Xavier (SFX) Sixth Form College for trusting me to deliver these sessions. If you'd like to know more about the Learning to Earning programme, get in touch using the contact details in the comments ⬇ #FinancialEducation #Payslips #EmploymentContract #MinimumWage #Tax #IncomeTax #NationalInsurance #Credit #Saving #InterestRates #SelfEmployment #TaxReturns

Review of the budget re-affirmed a focus on innovation and research coupled with skills for work for the post-16 education sector. For further education, this included changes to apprenticeships (as part of working towards the Growth and Skills Levy), and a revised go live date for the Lifelong Learning Entitlement (LLE) of January 2027. The budget also referenced the ‘Get Britain Working’ white paper which, amongst other areas, will encompass support for ‘young people who are not in education, employment or training’ (NEET) and ‘flexible education and training for adults throughout their working lives’, which connects to the LLE and provides additional opportunities for the further education sector. The ‘Youth Guarantee Trailblazer’ is also mentioned, which links to NEET provision and which is something that the sector has been engaged with already. For higher education, the focus includes innovation and research, with reference to providing funding to help ‘world-leading universities and researchers continue to deliver the cutting-edge ideas’, alongside commercialisation of these ideas. There is also an extension to the Innovation Accelerators programme, which a number of higher education providers are involved in. The associated documentation also includes a reminder of previously announced changes, which for higher education includes from next academic year (2025/26) that the maximum fee and loan limit for foundation years will be lowered to £5,760 for certain classroom-based subjects, whilst remaining at £9,250 for all other subjects. https://lnkd.in/ezN8VQie

This is the moment I’ve been waiting for—the first salary as a certified Enrolled Agent! It’s not just a paycheck; it’s the reward for all the hard work, late-night study sessions, and the determination to succeed. 🌟 If you’re a student aspiring to make a mark in the tax industry, know that your efforts will pay off. Becoming an Enrolled Agent opens doors to incredible opportunities and financial freedom. It’s more than just a title; it’s a career upgrade. Are you ready to take the next step? Let this milestone be your motivation to keep pushing forward. Your success story starts now! 🚀 For inquiries and registrations, contact us at :- +91 8527524176, +91 9205207573 https://lnkd.in/eKd3Q3r support@akpisprofessionals.com #EnrolledAgent #FirstSalary #CareerGrowth #Motivation #TaxProfessional #AKPIS #SuccessStory #TaxExpert #IRS #Taxation #FinanceCareers #ProfessionalDevelopment #StudyHard #AchieveYourGoals #TaxCareer #StudentMotivation #ExamVictory #ProfessionalMilestone #TaxKnowledge #CareerAdvancement #EAJourney #SuccessInTaxation #TaxPrepExpert #ExamSuccess #FutureOfTax #ProfessionalAchievement #WinningMindset #TaxEducation #TaxationExpertise #CertifiedProfessional #SuccessJourney #EAExam #TaxAdvisor #ProfessionalGrowth #Congratulations #SuccessStory 

On June 18, 2024, the US Internal Revenue Service (“IRS”) and Department of the Treasury (“Treasury”) issued final regulations (“Final Regulations”) establishing rules for taxpayers intending to satisfy the prevailing wage and apprenticeship (“PWA”) requirements to claim increased tax credits, of up to five times the base amount, for qualifying clean energy projects under the Inflation Reduction Act of 2022. While largely adopting the previously issued proposed regulations (“Proposed Regulations”), the Final Regulations provide a number of important clarifications and updates to address many of the over 300 comments submitted to Treasury. This Legal Update highlights some of the key clarifications and updates made by the Final Regulations.

This is the moment I’ve been waiting for—the first salary as a certified Enrolled Agent! It’s not just a paycheck; it’s the reward for all the hard work, late-night study sessions, and the determination to succeed. 🌟 If you’re a student aspiring to make a mark in the tax industry, know that your efforts will pay off. Becoming an Enrolled Agent opens doors to incredible opportunities and financial freedom. It’s more than just a title; it’s a career upgrade. Are you ready to take the next step? Let this milestone be your motivation to keep pushing forward. Your success story starts now! 🚀 For inquiries and registrations, contact us at :- +91 8527524176, +91 9205207573 https://lnkd.in/dhJspVHT support@akpisprofessionals.com #EnrolledAgent #FirstSalary #CareerGrowth #Motivation #TaxProfessional #AKPIS #SuccessStory #TaxExpert #IRS #Taxation #FinanceCareers #ProfessionalDevelopment #StudyHard #AchieveYourGoals #TaxCareer #StudentMotivation #ExamVictory #ProfessionalMilestone #TaxKnowledge #CareerAdvancement #EAJourney #SuccessInTaxation #TaxPrepExpert #ExamSuccess #FutureOfTax #ProfessionalAchievement #WinningMindset #TaxEducation #TaxationExpertise #CertifiedProfessional #SuccessJourney #EAExam #TaxAdvisor #ProfessionalGrowth #Congratulations #SuccessStory 

✅ General election time! But what’s in it for small business owners? 📖 Read here where the Small Business Team taken a look at the policies, websites and pledges of the seven leading parties. Starting with the conservatives outlining their ‘5 Priorities’: -Halve inflation -Grow the economy -Reduce debt -Cut waiting lists -Stop the boats along with other potentials: -Chancellor will cut National Insurance Contributions even further if he can ‘afford’ to -Won’t increase income tax, capital gains or corporation tax -Grow the economy to better-paid jobs and opportunity across the country -Create Town Boards in 55 towns across the country, bringing together community leaders, employers, local authorities and the local MP. They will discuss the best way to spend a £20 million fund – and then put it out to local people for their views Labour Labour have a ‘Plan for Small Business’, published in November 2023, which can be found here. Some of the policies include: -Legislation to tackle late payments and make companies publish their performance -Scrap business rates – replace it with ‘a fully costed and fully funded system of business property taxation that is fit for the 21st century’ -Push for an EU visa waiver for UK touring artists, to help free up travel for artists and supporting services in creative sectors -Setting up new Technical Excellence Colleges around the country to give people specialist skills that small businesses need -‘Transform’ Apprenticeship Levy to give employers more flexibility to train workforce in new and relevant skills. Called ‘Growth and Skills Levy’ – can be used on a greater range of training courses -Small and medium-sized employers who do not currently pay the Apprenticeships Levy will continue to receive 95 per cent co-payments -Labour’s New Deal for Working People – including a ban on zero hours contracts, measures to tackle one-sided flexibility, support for collective bargaining and stronger enforcement of rights and regulation. Ban on unpaid internships outside formal education or training courses Read on to learn what the other parties will be reviewing........ full article here >>> https://buff.ly/3XaK9CV

So long as the c.£800k is protected for SME engagement the focus makes sense for upskilling and productivity. Also needs a better mix of shorter units and stacked for quals models. Lots of opportunity though

Wednesdays King’s Speech was our first insight into Labour’s plans to ‘kickstart economic growth’ with 40 bills, including: ❕Big changes for Landlords ❕ VAT on private school fees ❕ Changes to apprenticeship levy ❕ Overhaul of employment law We’ve detailed the highlights in our latest blog. You can read it here https://lnkd.in/eNM5TYze #Tax #accounting #finance #smallbusiness #business #accounts #accountingandaccountants #financialservices #kingsspeech #ukparliament