New Tax Policies You Need to Know for 2024

The government has announced new tax policies for 2024, introducing significant changes aimed at simplifying compliance and encouraging financial growth. Key updates include revised tax brackets,increased deductions for small businesses, and extended filing deadlines. These changes are expected to benefit both individuals and businesses, offering greater opportunities for savings and streamlined reporting requirements. For businesses, particularly SMEs, the new exemptions and adjusted GST rates provide added relief and growth potential. At ATF Accountants, we’re here to help you navigate these updates and make informed financial decisions. Contact us for expert guidance tailored to your needs