The first phase of the implementation is immediate and will activate automatic deduction and remittance of all naira payments including VAT, withholding tax, others.

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

As the National Assembly moves toward the final passage of President Bola Tinubu's proposed tax reform bills, both the Senate ...

Business representatives, researchers, and investment promotion groups have proposed policy consistency, uniform tax holidays for special economic zones, and a standardised VAT rate to boost and ...

Singapore extends GST remission in 2025 budget; UK closes in on e-invoicing; two new partners at RSM Belgium and more ...

Cabinet met again on Monday to try to break the deadlock on upping the VAT rate to 17% – before the finance minister is due ...

Rupa Huq called for MPs to ‘think creatively’ and said the system will only become more ‘elitist’ under the tax policy ...

It suggested lowering the minimum tax rate on carbonated beverages to 0.6% and reducing the supplementary duty from 30% to 15% ...

Two leading business chambers yesterday demanded the cancellation of a Tk 36 lakh cap on cash expenses to qualify for lower corporate tax rates, calling the requirement impractical.

Cosatu has suggested that government consider a pension contribution holiday as a solution to the R60 billion budget ...

European sales in America enjoy a cost reduction, whereas American sales in Europe pay the value added tax. From this ...

The Association of Ghana Industries (AGI) has asked the government to resist any temptation to impose tax on beverage ...