In the new budget proposal, an increase in the value-added tax (VAT) on mobile handsets is likely to lead to a price hike in ...

Several organisations and consumer bodies have expressed regret over government’s decision to scrap the expansion of the list ...

The E-VAT implementation will help to formalise a large number of informal taxpayers, boost domestic tax revenue, improve ...

The National Treasury says it’s not financially viable to expand the basket of goods zero-rated for VAT, and that adding high ...

However, Adviser Fouzul added a note of caution saying, “If international LNG prices stay favourable, we could gradually ...

Discover how South Africa's 2025 budget, while avoiding a VAT increase, introduces hidden costs that could impact your ...

The Bureau of Internal Revenue (BIR) expects the new rules streamlining the value-added tax (VAT) refund process -- a key ...

Starting September 1, the government will slash the value-added tax (VAT) rate by 50 percent on a range of items including ...

Services are generally subject to value-added tax in the Philippines. However, this is not without limitation. While VAT is ...

The Spanish government is seeking parliamentary approval for a new 21% value added tax on short-term tourism rentals - double ...