Value Added Tax (VAT) is levied on most business transactions and on many goods and some services. BBC News explains how VAT works and who has to pay it. There are three rates of VAT in the UK: the ...

Section 110(A) of the Tax Code, as amended, identifies the transactions creditable against output tax. Among the transactions are the purchase or importation of goods for sale, for conversion into or ...

Here are the steps you need to know to get VAT refunded Dubai: When a company files its tax returns, it is required to list the details of sales, purchases output VAT, and input VAT paid over the past ...