Germany's coalition government has agreed to change its 2024 budget plans, a government spokesperson said on Thursday, after subsidy cuts proposed to bring spending in line with debt rules angered farmers.
Tag Archives taxes
German government dilutes 2024 subsidy cuts after farmer backlash
Farmers protested in Berlin's streets after the announced end of tax breaks last month
German farmers protest with tractors against austerity measures
The German government proposed to abolish fuel subsidies to meet savings targets
According to next year's budget, a partial tax refund on agricultural diesel, along with a tax exemption for agricultural vehicles, will be abolished to meet the saving targets - a measure farmers said would threaten their livelihood and the competitiveness of Germany's agricultural sector.
Feds plan to ease Underused Housing Tax reporting load
New exemption also proposed for employee housing outside cities
Federal Finance Minister Chrystia Freeland’s latest Fall Economic Statement offers to take some of the reporting burden off certain farmers and other Canadians when filing for exemptions from the national Underused Housing Tax (UHT). The federal finance department on Nov. 16 posted its legislative and regulatory proposals for changes to the UHT online and has
Ag groups say redundant tax returns a burden
Groups are lobbying to have farmers permanently exempt from UHT filing by next tax season
Farmers have been forced to file tax returns on underused housing despite knowing they’ll be exempt from paying, says KAP. “The additional administrative and financial burden that is being placed on farmers does not seem like it is in the best interest of farmers or the government given the redundancy of this return for the many farmers,” said a
Underused housing tax undue burden on farmers, ag groups say
Many farms can apply for exemption, but the process can be expensive, a letter to federal ministers says
Agriculture leaders say a federal tax on ‘underused’ housing is causing an unintended and undue burden on farmers. “We urge the government to exempt farmers from the requirement to file a [underused housing tax] return,” said a letter sent to federal ministers. The Canadian Canola Growers, Canadian Federation of Agriculture, Canadian Cattle Association, Ontario Fruit
CGC, other fed workers to strike Tuesday night if no wage deal reached
Tax season, passport renewals may also be affected
Ottawa | Reuters — Some 155,000 public workers in Canada will go on strike at midnight on Wednesday if they are unable to reach a wage deal with the federal government, the leader of the Public Service Alliance of Canada (PSAC) union said on Monday. PSAC president Chris Aylward said he was “setting a clock
Pot producer Delta 9 announces cutback amid industry-wide struggle
The Cannabis Council of Canada is asking the federal government to ease the tax burden on producers
Manitoba cannabis giant Delta 9’s cost-cutting measures are symptomatic of financial struggles across the industry. The Winnipeg-based company recently announced it would lay off approximately 40 staff and reduce its cultivation capacity by about 40 per cent. The board and executive have also taken a pay cut, Delta 9 said in a Jan. 9 news release. “The cost savings
Province delays property tax overhaul
KAP is taking the setback in stride, but reiterates call for action
After announcing plans in February to revamp the education funding system, the province now says it needs more time. In the February announcement, the province planned to implement the new taxation model in the 2023-24 year. However, Education Minister Wayne Ewasko told the media that the overhaul’s timeline has been reset for the 2024–25 school
Year-end tax advice you don’t want to ignore
There are many strategies for tax deferral, but be strategic, says a tax specialist
It’s year-end tax strategy crunch time. For those farmers who had higher crop returns or have experienced an especially good year, Dec. 31 is the deadline to take advantage of farm tax deferral strategies that can help manage extra income. Tom Blonde, partner at Baker Tilly GWD, said that most farm businesses have plenty of
More money back in farmers’ pockets, but schools struggling with frozen funding
Pinched municipalities praise commitments to infrastructure, community sustainability but wish for pandemic relief
Farmland education tax rebates are continuing to increase, but without an expected boost to provincial funding for schools, it could fuel an education funding shortfall. The increase in education property tax rebates was part of the 2022 provincial budget, and was welcomed by farm and municipal leaders. The Manitoba School Boards Association says divisions are