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The Tax Geek
The Tax Geek
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_opec-extends-oil-production-cuts-raising-concerns-of-higher-global-prices-here39s-why-that-could-spell-bad-news-for-the.webp "OPEC+ agreed to extend existing oil production cuts of more than 3 million barrels per day through the end of 2025, as well as ongoing cuts of over 2 million barrels per day through September 2024. The cuts could raise global oil prices by prolonging supply restrictions at a time when demand concerns remain. Higher prices could negatively impact the US economy ahead of the 2024 elections. The Biden administration may be concerned about a potential spike in energy costs impacting voters. It has taken some actions to increase fuel supply and tamp down prices.")
_deducting-vehicle-expenses-the-standard-mileage-rate.webp "The Tax Geek")
_ev-road-tax-fees-in-2026-to-be-about-85-lower-than-present-rate-says-loke.webp "Electric vehicle (EV) owners will enjoy a reduction of up to 85% in road tax fees once the tax holiday ends on Dec 31 next year, says Anthony Loke.<br/><br/>The Transport Minister said the new road tax structure will cover both pure battery electric vehicles (PBEV) and fuel cell electric vehicles (FCEV) and come into effect on Jan 1, 2026.<br/><br/>Read more at https://tinyurl.com/mvncbjma <br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline")
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