When a VAT-registered company submits its VAT return, there will sometimes be a refund due. This occurs when the business has paid out more in VAT in the qualifying period than it has received.

The Supreme Court (SC) on Wednesday clarified the prescriptive periods for filing value-added tax (VAT) refund claims with ...

The new draft programme for government includes plans to cut the VAT rate to 9% for food services, entertainment and hairdressing in the next budget.

VAT is paid quarterly, with registered businesses required to send VAT returns to HMRC every three months. This is to show how much VAT you’ve charged during the reporting period and how much ...

KRA Announces Changes to VAT Return Filing Process This announcement comes after KRA, on December 10, 2024, issued a notice regarding the simplification of VAT return filing for registered taxpayers.

THE convenience of purchasing products through e-commerce platforms or e-marketplaces, binge-watching favorite shows through streaming services, and storing and managing data through the cloud are ...

The distribution of value-added tax (VAT) revenue in Nigeria continues to stir controversy, as data from Agora Policy shows a ...

Fine Gael TD for Wicklow Wexford, Brian Brennan has welcomed the return of the 9 per cent VAT rate for the food, hospitality ...

Roscoe Noonan operated a business as a sole-trader, buying and selling cars. Although Noonan’s self assessment tax returns ...

Aleksandra Bal covers indirect tax and technology developments. As 2024 draws to a close, it is essential to review the key VAT developments set to take effect across Europe in January 2025.

Im studying Xero and have a demo company setup but not sure what I am seeing is correct. Xero has calculated the turnover for the following company as net ...

VAT neutrality means that businesses charging ... Platforms collect 15% GST but return 8.5% of the GST collected to the service provider. Essentially, only 6.5% of the 15% GST charged by the ...