This article explores common VAT misconceptions, clarifies the applicable rules, and provides practical guidance on how ...

Indonesia’s value-added tax (VAT) system is struggling to balance the need to generate sufficient revenue for public services ...

According to NBR data for the last quarter , there were more than 25,190 registered VAT payers and over 1,375 stores ...

Sri Lanka’s vehicle tax structure has come under renewed scrutiny, with tax experts warning that the imposition of the value added tax (VAT) on top of an already VAT-inclusive excise duty has resulted ...

The Standard VAT rate is 20%, which is imposed on most of the goods and services in the UK. How to calculate VAT? For the calculation of VAT inclusive, you need to multiply the original value by 1.2, ...

all of which are VAT-inclusive expenses. Sellers may find it more expensive to prepare their homes for sale, while agencies might need to adjust commissions to compensate for rising operational costs.

KUSCCO has announced a series of training seminars for SACCO staff and leaders. KUSCCO is embroiled in a KSh 13 billion ...

The budget stand-off is unprecedented in South Africa, which has been ruled by a grand coalition since July when Ramaphosa’s ...

Chhattisgarh's ₹1.65-lakh crore budget focuses on infrastructure in Maoist-affected Bastar, reducing VAT on petrol, and ...

Indonesia has the opportunity to transform its tax landscape with a groundbreaking digital VAT system that combines revenue ...