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 ...

THE Philippines still has room to implement reforms to enhance its taxation system and make collections more efficient, the ...

Retailers face growing VAT challenges worldwide. Discover four key strategies to improve compliance, reduce customer friction ...

They highlighted high interest rates on bank loans, lack of access to finance, higher VAT and tax rates and its complex ...

The United States and the European Union still need a lot of work to reach a deal that would prevent the imposition of ...

Commissioner Kieswetter expressed empathy for vendors and consumers who had already invested time and resources into ...

South African Finance Minister Enoch Godongwana announces the reversal of the proposed VAT increase, providing short-term ...

SOUTH Africans heaved a collective sigh of relief after the government reversed a decision to impose the divisive value added tax (VAT). However, this relief has emerged as a source for parties in and ...

Sole traders and landlords will have to start reporting their earnings digitally on a quarterly basis to HMRC from April 2026 ...

South Africa’s Finance Minister Enoch Godongwana has reversed his contentious proposed 0.5% value-added tax (VAT) hike, but ...

Get expert help with VAT registration, exemptions, and compliance in the Philippines for foreign-owned businesses.

South African Finance Minister Enoch Godongwana said on Thursday he will not resign after the government's U-turn on a ...