The content on this page is provided for reference purposes only. This content has not been altered or updated since 5 May 2020 The Council is working on a proposal for a Council directive which aims ...

Finance Minister Enoch Godongwana has officially gazetted his intention to table a new bill to reverse the proposed 0.5% VAT increase. The notice was published on Thursday in the Government Gazette, a ...

The Revenue Department is planning to launch a value-added tax (VAT) reverse charge scheme in the scrap metal industry to reduce the risk of refund fraud by January 2024, says director-general Lavaron ...

The Ministry of Finance has announced the issuance of Cabinet Decision No. (127) of 2024, expanding the application of the Reverse Charge Mechanism to include precious metals and stones among ...

The DRC will affect around 150,000 businesses in the construction industry It will require those receiving a supply of construction services to account for VAT directly to HMRC In particular, it will ...

LONDON (Reuters) - Britain's tax authority will introduce reverse value-added tax (VAT) charges relating to carbon emissions trading from November 1, replacing a zero tax rate implemented last year to ...

Food processors issued a seven-day ultimatum for the government to reconsider mid-fiscal year value-added tax (VAT) and supplementary duty (SD) increase on Thursday. In a press conference organized by ...

The National Board of Revenue, or NBR, has decided to reverse its recent decision to increase the rate of Value Added Tax, or VAT, and supplementary duties on the restaurants. The Bangladesh ...

The Kenya Revenue Authority (KRA) on Tuesday, December 10, announced changes to its VAT return filing process. In a statement, the Authority said that registered VAT taxpayers will now file their ...