Tax in the 2026 Budget

There is always a lot of excitement about the budget and 2026 was no different. In this episode, I discuss some tax proposals in the budget that would be interesting for as tax professionals and practitioners.

The proposals that I discuss include:

Inflationary adjustments to tax brackets and thresholds
Proposed changes to the qualifying requirements for companies in SEZs
A proposed reversal of amendments to section 23N
Proposed changes to the timing of notional input tax deductions
A proposal affecting foreign companies registered as employers for employees’ tax purposes
Changes to the provisional tax penalty system.

You can listen to the episode at the link below:

https://open.spotify.com/episode/6P6Ks2BCUULoDfpkIviPmc?si=58o40J_eS_GFHSAEfC_k2Q

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