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Consumers who have been charged VAT at 15.5% have the option of contacting the supplier to claim back their money.
New VAT clarification has led businesses to seek out more info on issuing tax invoices The new VAT update provides food for thought for businesses with sizable imports of goods and services.
Making Tax Digital (MTD) is a Labour Party government initiative designed to modernise the tax system, improve efficiency, ...
Cosatu says Sars must clamp down on rich tax evaders and illicit trade to raise revenue instead of hiking VAT.
Democracy is potentially the winner in the value-added tax (VAT) drama which has recently gripped attention. By setting aside ...
The UAE’s developing tax economy has more than 510,000 registrants of both corporate tax and VAT, according to a detailed report by federal authorities. Sheikh Maktoum bin Mohammed bin Rashid Al ...
South Korea's tax revenue increased by 5.5 trillion won (US$3.8 billion) in March compared to a year earlier, driven largely ...
HMRC has announced that sole traders and landlords with an income over £50,000 will be required to use Making Tax Digital (MTD) for Income Tax from 2026. This is what it describes as its 'most ...
Hank Vat, public information officer for Montgomery County ESD 7, said the proposition would increase the sales tax rate in the unincorporated areas of Splendora from 7.75% to 8.25%, if approved.
The increase in VAT from 15% to 15.5% was first announced earlier in 2025 as part of government measures to address fiscal ...
Currently, refrigerators and air conditioners are taxed at a reduced 7.5% VAT rate at the manufacturing stage, a policy that the National Board of Revenue (NBR) now plans to increase to the standard ...
Retailers face growing VAT challenges worldwide. Discover four key strategies to improve compliance, reduce customer friction ...