Explaining how to correctly deduct VAT when using a company car
The article discusses the new VAT deduction rules for company cars in Slovakia, emphasizing the need for electronic evidence of journeys to claim full VAT.
SAT 'wakes up': Cancels permits for 336 organizations to receive deductible donations in 2026
The Mexican tax authority, SAT, has revoked the deduction permits for 336 organizations due to various compliance issues.
Good news for taxpayers: in this place in the U.S., they can opt for a large tax deduction if they donate to an NGO
Taxpayers in Ohio can receive a state tax credit when donating to eligible non-profit organizations, providing a direct financial benefit that encourages community support.
The PP's anti-inflation plan includes doubling the tax deduction for children
The PP in Spain proposes fiscal measures to combat inflation, including a reduction of the VAT on energy and a 200-euro tax relief on personal income taxes.
You can recover 840 PLN. Few people remember this relief
Taxpayers have several opportunities to reduce their income tax for 2025, including a little-known deduction for union membership fees.
Many receive less back on taxes: 'Could be a cold shower'
Many Swedes are facing smaller tax refunds this year due to a halving of the interest deduction on unsecured loans.
Kyungsilnyeon: "Apgujeong Hyundai, 10-Year Profit of 10.2 Billion with 700 Million Tax" Simulation Analysis
The Citizens' Coalition for Economic Justice (Kyungsilnyeon) analyzed how the long-term holding deduction policy in South Korea encourages real estate speculation in Gangnam.
Tax Deduction for Soldiers for the First Time in Annual Tax Declaration
A new tax deduction for businesses employing soldiers has been introduced in Poland, allowing significant income reductions based on the length of the soldier's service.
Entrepreneur's Handbook: Construction Disputes with Settlements * Tax Overpayment Interest * VAT Deduction from Invoices Outside KSeF * KSeF and Goods Transfers * PIT from Work * Changes in the eZUS Portal
The article discusses key topics for entrepreneurs in Poland, including construction disputes, tax interest on overpayments, VAT deductions, and recent changes in tax and insurance portals.
IRS Relief: How Seniors Can Claim the New Deduction of Up to $12,000 on Their Taxes
The IRS has introduced a new tax deduction of up to $12,000 specifically for seniors aged 65 and over, aimed at easing their fiscal burden during the 2025 to 2028 tax years.
How to deduct contributions to IKZE in PIT and recover even a few thousand zlotys?
The article explains how individuals can benefit from the IKZE tax deduction and recover money through lower taxes when filing their annual tax returns.
VAT Deduction from Invoices Outside KSeF. Attention - the tax office may change its mind
This article discusses the positions of the Ministry of Finance and experts regarding VAT deductions from invoices issued outside the KSeF system.
Internet Tax Relief 2025/2026. If You Don't Deduct It, the Money Will Be Lost
The article explains the tax relief available for internet users in Poland for 2025/2026, detailing eligibility, deduction limits, and documentation requirements.
Projection of personal expenses: Procedure can reduce monthly income tax deduction from $130 to $11
Ecuadorian workers have until the end of the month to submit their projections of personal expenses for 2026, which can significantly reduce their monthly income tax contributions.
Isac and Ebba maxed out when the home renovation deduction was increased - see their renovation journey
Ebba Myhrman and her partner Isac Wadsten have capitalized on a tax increase for home renovations, boosting the construction sector while undertaking their own renovation projects.
Almost three million workers will have to file a tax return to benefit from the SMI deduction
The Spanish government has approved a new deduction for workers earning the Minimum Interprofessional Wage (SMI), which will require almost three million workers to file tax returns to take advantage of the benefit.
Julita Karaล-Gasparska: It's Worth "Creating" While Employed
The article discusses the 50% tax deduction available to various professionals who create unique works under copyright law in Poland.
You can deduct VAT faster. KSeF will no longer be an obstacle
A new development allows for a faster VAT deduction process in Poland.
The first numbers tell: The removal of tax deduction rights for membership fees is already reflected in departures from trade unions
The Finnish government's removal of tax deduction rights for union membership fees has led to a noticeable decrease in union membership in certain sectors.
Invoice issued outside KSeF โ what about the right to deduct VAT
The article discusses the implications of issuing an invoice outside the KSeF system and its impact on VAT deduction rights.
Taxes refund: the deduction that the IRS applies in the US on car loans in 2026
The IRS outlines a new deduction for car loans as part of the benefits introduced by the One, Big, Beautiful Bill in 2026.
The Center Party wants to reverse the cuts to the household deduction
The Center Party leader Antti Kaikkonen calls for the reinstatement of the household deduction conditions, which have been reduced by the current government to address state budget cuts.
This is your maximum personal expenses limit to pay less income tax or avoid deductions in your payroll for 2026
In 2026, individuals can claim personal expenses up to $5,752.60 to reduce their income tax liability by $1,035.46, provided they have no dependents.
From February 5, personal expenses can be calculated for income tax reduction 2026
Starting February 5, the National Institute of Statistics and Censuses (INEC) will publish January's inflation data, which will help determine the maximum allowable personal expense deductions for income tax in 2026 based on family burden.
The 15% deduction in personal income tax for the purchase of electric cars is extended
The Spanish government has approved an extension of the 15% personal income tax deduction for electric car purchases, providing stability for the automotive sector until the end of 2026.
Treasury will raise the tax deduction so that recipients of the new minimum wage continue to be tax-exempt
The government has confirmed an increase in the tax deduction to keep minimum wage earners exempt from income tax, while raising the minimum wage to 17,094 euros annually.
Budget 2026: Will the middle class receive more tax exemption benefits? Will the limit of standard deduction increase? What are our expectations from the budget?
The article discusses expectations for India's Union Budget 2026, particularly focusing on potential tax benefits and deductions for the middle class as presented by Finance Minister Nirmala Sitharaman.
The deduction in Madrid by which you can save up to 400 euros on your tax return
Residents in Madrid can benefit from a tax deduction that may save them up to 400 euros on their income tax return as part of the newly approved 2026 regional budget.
How to end the rental market?
Pedro Sรกnchez has proposed a new intervention in the rental market, offering a 100% tax deduction on income tax for landlords who renew contracts without increasing rents and plans to limit seasonal rentals.
The Government confirms that those earning the minimum wage will continue to be tax-exempt: this is how the deduction works in income tax
The Spanish Government has confirmed that individuals earning the minimum wage will remain exempt from income tax, while also highlighting ongoing conflicts between the Ministries of Labor and Finance regarding public contract regulations.
Caixabank 'saves' 12.5 million euros in court from claims by the Canary Tax Agency
Caixabank has successfully avoided repaying 12.5 million euros demanded by the Canary Tax Agency, thanks to a ruling from the High Court of Justice of the Canary Islands that upheld its tax deduction.