WebFeb 4, 2024 · The Connecticut State Capitol, in Hartford, Conn. Jan 24, 2024. While the prospects of a landmark state income tax cut have dominated recent headlines, there’s … WebMay 3, 2024 · The House of Representatives approved a $24.2 billion state budget early Tuesday morning that provides more than $600 million in income tax cuts, a car tax freeze, an extended gasoline tax holiday and other relief. The Democrat-controlled chamber voted 95-52 along party lines shortly after 12:20 a.m. to approve the budget for the fiscal year ...
Connecticut’s Personal Income Tax - Connecticut …
WebDec 22, 2024 · Connecticut Tax Changes Effective January 1, 2024. Beginning January 1, Connecticut will utilize a vehicle miles traveled (VMT) tax for large commercial trucks as a result of H.B. 6688, enacted in June … WebJan 18, 2024 · Gov. Ned Lamont on Wednesday proposed restoring Connecticut’s pass-through entity tax credit to its original level, which would enable the state's small business owners to save money by claiming a larger credit on their personal returns. “These changes we are proposing will help small businesses in Connecticut save money, which they can … bishop matthew ferguson
CT bill could provide approximately $600 million in tax cuts
WebFeb 4, 2024 · The Connecticut State Capitol, in Hartford, Conn. Jan 24, 2024. While the prospects of a landmark state income tax cut have dominated recent headlines, there’s no shortage of ideas at the Capitol for how to help consumers by trimming the sales tax. Lawmakers from both parties have proposed reducing the 6.35% sales tax rate that’s … WebDec 15, 2024 · Mark Pazniokas / CTmirror.org. The Connecticut Parentage Act will take effect on Jan. 1, 2024, and will ensure equal treatment under the law for children born to … WebApr 1, 2024 · For the financial year 2024 (which started on 1 April 2024), companies pay corporation tax on their profits at a rate of 19%, regardless of the level of those profits. This remains the case for the financial year 2024 (which runs from 1 April 2024 to 31 March 2024). However, new rules come into effect from 1 April 2024. darkness recovery