Virginia Right!

Rory Stewart advised the BBC recently the first three weeks as a new MP.  It was filled with tradition, pomp/circumstance and making new friends. WEEK ONE: Last night was the most dramatic event I think I’ve ever witnessed. It was in the 1922 committee room, incredible, as you can imagine, panelled oaked room with pictures [...]

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In a letter mailed to select businesses this week, the Virginia Department of Taxation is notifying them that the budget passed by the 2010 Virginia General Assembly has New Tax Payment Requirements for these businesses. In order to close the nearly $4 billion Virginia deficit, former governor Tim Kaine’s budget will require businesses to pay up early. The state’s fiscal year ends on June 30 each year. Ordinarily, taxes on sales completed in June are not due until July 20th. This year, June taxes are due June 30th, and will be included in the state’s books for fiscal year ending June 30, 2010. The rate is calculated at 90% of sales for June, 2009.

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