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Assessing the pre-Budget report

1 hour, 45 minutes ago ago from Left Foot Forward

Two weeks ago, Left Foot Forward set out our five red lines for a progressive pre-Budget report. Below, we assess each red line in turn and attribute marks out of ten. Our preliminary assessment gives the pre-Budget report 33/50 i.e. 66 per cent. It is a good PBR in the circumstances but by no means an excellent report. Those who participated in the joint Left Foot Forward / TUC / Labour List / Liberal Conspiracy live coverage broadly ...

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GST & Tax Reform for Malaysia

11 hours ago ago from Economic Policy

In the current furore over the GST, I have been having a rethink on the tax regime in Malaysia. 1. It is not a good reason for the government to tax the people for the purpose of building a bureaucracy or to stimulate the economy. The only good reasons are: affordable or free and good quality education and healthcare for everyone, urban public transport, security and law and order. 2. If the government have to raise taxes, how can it do ...

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Tax Return Online Unburdens Tax Calculating Worries

6 hours ago ago from Personal Finance, Student Loan, Credit Card and Debt Consolidation.

Today's world is highly competitive and to keep pace with it, everybody is doing the best that they can manage. Revolution in the field of information technology has been a landmark, as this has made many things simpler in our lives. Calculating tax return online is one such boon that has been of immense help to several people who do not have to run to the CPAs office to get their tax returns calculated in time. Tax return online is a simple ...

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The Middle-Class Health Tax Must Be Stopped

20 hours ago ago from The Sentinel Effect

Liberal/Democratic Washington policy thinkers appear close to reaching the consensus view that the Senate's excise tax on higher-cost health plans is a good idea. Here's the problem: The consensus is wrong. The so-called (and misnamed) Cadillac tax is unfair and unwise. It's also a political landmine for its supporters, and a political goldmine for those who oppose all health reform. It must be stopped. Why do I feel so strongly about ...

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Property tax hike likely

8 hours ago ago from The Gazette

Expectations of a 2.7 per cent property tax hike are apparent as city hall is set to present a draft of the 2010 budget. Although a specific percentage increase has not been agreed upon, a rise in property taxes has been deemed necessary to maintain a balanced budget and to handle the rising cost of social services. “That’s one of the issues we have to deal with,” Bud Polhill, London controller, said. “If we have any surplus some of ...

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UK slaps tax on bankers' bonuses ahead of election

56 minutes ago ago from FanHouse

LONDON -The British government slapped a one-time tax of 50 percent on fat bank bonuses on Wednesday as it tried to win over recession-weary voters ahead of a looming general election. But Treasury chief Alistair Darling's plan to exact payback for the crisis that led Britain into its worst recession since World War II faced opposition criticism that it was at best political spin and would do little to raise revenue and, at worst, potentially ...

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Vertex Lease Tax Solution Streamlines Tax Processes for Daimler Financial Services (DCFS USA LLC)

20 hours ago ago from FanHouse

Vertex Inc., the leading provider of enterprise corporate tax solutions, today announced that Daimler Financial Services (DCFS USA LLC) selected Vertex ® Lease Tax O Series ® to alleviate the tax compliance burden around sales, use and value-added tax requirements for vehicle leasing. “There are tens of thousands of lease-specific tax rules that require constant monitoring,” said Deborah Bright of Daimler Financial Services’ Office of Tax ...

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GOP lawmaker: Va. gov tax boosts going nowhere

20 hours ago ago from FanHouse

RICHMOND, Va. -Even with hard times assured for public schools and other state-supported ventures, Democratic Gov. Tim Kaine's bid to end tax breaks to help balance an underfunded budget will get nowhere in a Republican-run House of Delegates, the top GOP budget writer said Tuesday. But even as Republicans, fortified by last month's elections, hold the line against new taxes, increases are virtually assured by some cash-starved local ...

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Study Finds that Support Services Quality Plays a Key Role in IT Efficiency

2 hours ago ago from FanHouse

ISLANDIA, N.Y., Dec. 9 /PRNewswire-FirstCall/ -- CA, Inc. (Nasdaq: CA) today announced the results of a commissioned study conducted by Forrester Consulting on CA's behalf that evaluated IT organizations' current strategies for increasing efficiency and workforce productivity and the role IT management, service, and support play in achieving these goals. The study confirmed that the key IT management drivers now revolve around quality of ...

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