IF you are an export-oriented enterprise, are you aware that you can avoid input taxes on your local purchases and importations? Yes, this value-added tax (VAT) treatment is not limited to entities ...

The VAT Flat Rate Scheme makes bookkeeping easier by allowing you to pay a fixed percentage of your VAT-inclusive turnover to HMRC, rather than having to calculate VAT on each tra ...

This article analyzes if judicial rulings (including Supreme Court's 'Arise India') that declared 'seller non-payment' ...

Delayed VAT refunds are leaving timber firms low on capital for reinvestment, stalling production, and threatening the ...

A recent CJEU ruling provides welcome guidance to companies regarding transfer pricing adjustments and their VAT implications ...

Rachel Reeves is under pressure to break Labour’s manifesto pledge with a tax raid on the highest earners amid growing calls ...

Russia's new wave of tax hikes, designed to mobilise state finances as the war in Ukraine grinds on, is set to hit one in 10 ...

London’s Hippodrome Casino failed to overturn a VAT ruling against HMRC over the method used to calculate tax recovery for ...

If passed and signed into law, the new bill will not only settle the constitutional question surrounding VAT but also help ...

The Supreme Court ruled that bona fide purchasing dealers who paid tax to registered sellers cannot be denied Input Tax ...

The fight against corruption is a strong point for the NPP government. Economic relief remains a struggle.