GRA Launches ITAS - Digital Tax Administration System
The Ghana Revenue Authority (GRA) launched the Integrated Tax Administration System (ITAS), a unified digital platform to replace the existing GITMIS system and Taxpayer Portal. The pilot phase began at Kaneshie Taxpayer Service Centre and Accra West Area Office, with nationwide rollout planned. The system was delivered in approximately nine months, half the projected 18-month timeline.
IRS ruling substitute mortality tables pension plans
IRS ruling substitute mortality tables pension plans
Idaho Tax Filing Tips and Free Filing Programs
The Idaho State Tax Commission issued six tax filing tips as the April 15 deadline approaches. The notice covers new conformity deductions including expanded standard deductions, senior deductions, and deductions for tips, car loan interest, and overtime compensation. Free e-filing programs are available for Idahoans with adjusted gross income up to $89,000 through the Free File Alliance and $69,000 through GetYourRefund.
Analysis of Trump Tariffs One Year After Liberation Day
The Tax Foundation published a podcast analysis examining the outcomes of the Trump administration's 'reciprocal' tariffs announced on April 2, 2025 (Liberation Day) one year later. The analysis evaluates whether the promised investment boom, revenue generation, debt reduction, and lower prices materialized. This is informational research content, not a regulatory action.
Williamsburg County Capital Projects Tax Rate Change
The South Carolina Department of Revenue announced new local sales tax changes effective May 1, 2026. Williamsburg County is adding a new Capital Projects Tax, raising its Sales Tax rate to 8%. Lexington County has extended its School District Tax effective March 1, 2026, maintaining a 7% rate. Aiken County is reimposing its Capital Projects Tax effective May 1, 2026, keeping its rate at 8%.
Making Tax Digital Income Tax guide for sole traders
HMRC published guidance on Making Tax Digital for Income Tax requirements for sole traders and landlords. The new digital reporting system will be introduced in stages based on qualifying income thresholds: those with income over £50,000 must start quarterly digital reporting from April 2026, with subsequent thresholds of £30,000 from April 2027 and £20,000 from April 2028.
Adjusting Self-Employment and Property Income for MTD
HMRC has published guidance on Making Tax Digital (MTD) for Income Tax, explaining how self-employed individuals and property income owners should adjust their digital records before submitting their Tax Return. The guidance covers claiming reliefs and allowances such as the Trading Income Allowance and Rent-a-Room Relief (up to £7,500), making tax adjustments to remove non-allowable expenses, and accounting adjustments for prepayments and accruals.
Adjust Self-Employment and Property Income for MTD
HMRC published guidance explaining how self-employed individuals and property income earners should adjust their digital records before submitting MTD-compatible tax returns. The guidance covers claiming reliefs like Rent-a-Room relief (up to £7,500), making tax adjustments for disallowable expenses, and accounting adjustments for prepayments and accruals under traditional accounting methods.
Welsh MTD guidance creating digital income records
HMRC published Welsh-language guidance on creating digital records for Making Tax Digital for Income Tax. The guidance explains how self-employed individuals and property businesses must create and store digital records of income and expenses using MTD-compatible software, submit quarterly updates to HMRC, and maintain digital links between record-keeping and submission software.
MTD Income Tax Scheme Eligibility for Sole Traders and Landlords
HMRC published guidance on the Making Tax Digital for Income Tax scheme, which introduces mandatory digital record-keeping and quarterly reporting for sole traders and landlords. The scheme is being phased in based on income thresholds: those with qualifying income over £50,000 must comply from 6 April 2026, with lower thresholds following in subsequent years.