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Warning over new VAT threat
The proposal to lower the value-added tax (VAT) registration threshold to include businesses with annual revenue of less than 1.8 million baht could increase the burden on small retailers already ...
The UK tax authority is seeking to formalize its ability to extend the deadline for a company to submit its final value-added tax return upon the business canceling its registration.
As the digital economy continues to expand, governments worldwide are adapting their tax systems to keep pace. The Philippines is no exception. Starting on June 2, digital services consumed within the ...
In Lagos, a mid-tier manufacturing company recently found itself overwhelmed with audit notices: one from the Federal Inland ...
Hong Kong’s tax revenue increased by about 10 per cent in the past financial year, driven in part by an influx of talent and a boost in property transactions, authorities have said. Commissioner ...
A few days ago,  the Federal Inland Revenue Service (FIRS) ordered all banks in the country to identify and close any tax and levy collection accounts not ...
A marketing company engaged in building brands has won a €2.55m VAT battle with the Revenue Commissioners. The Revenue Commissioners rejected the firm's €2.55m VAT repayment claims from 2016 ...
How to deal with an overpayment of VAT output tax. A number overpayments of Output Tax (£500,000) have been made on previous VAT returns by previous incumbent, these have been assigned to VAT @ 20% on ...
The Vat increase was set to come into effect on 1 May 2025. Also on Thursday, the National Treasury introduced a new draft Rates and Monetary Amounts and Amendment of Revenue Laws Bill ...
The Gujarat Subordinate Service Selection Board (GSSSB) is inviting online applications for the recruitment of Revenue Talati (Class-3) posts. On April 24, the board rolled out an official ...
In a significant stride towards promoting eco-friendly transportation, the Delhi government has proposed an exemption of registration and road tax for hybrid vehicles priced under Rs 20 lakh.
the recent VAT freeze offers a welcome bit of relief. For those planning to buy grocery essentials, the pause on the proposed tax hike could make hunting for the best deals a little less stressful ...