The finance ministry has released an official notice indicating that, going forward, goods and services tax (GST) will be applied to corporate guarantees offered by companies to their subsidiaries. Earlier this month, the GST council provided clarification on the taxation of corporate guarantees, specifying that they would be subject to an 18 percent GST.
In June 2016 Louise Duncan left her job and went to work at a new employer. She presented her P45 to her new employer in July who correctly set up her PAYE records to include her income from her old job of £7,745.
On October 11, 2022, the Internal Revenue Service ("IRS") announced significant draft changes to Schedule UTP, "Uncertain Tax Position," and instructions for the 2022 tax year, stating.
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