VAT serves as a prominent tax system in several countries. But, what is a VAT? Here's a brief explanation of the taxing ...

The Supreme Court has ordered a contractor to pay an electrical subcontractor $214,148.67 for “breach of contract” due to excessive change orders, stemming from work done to the Magistrate’s Court ...

In November 2024, GSTN released several advisories to update taxpayers on various compliance requirements and functionalities on the GST portal. Key advisories include a reduction in the threshold for ...

A group of musicians, politicians and trade union leaders have written an open letter to Sir Richard Branson over the money owed.

They say artists were assured they would have their invoices paid but its still yet to happen and have branded it ‘unethical ...

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...

Penticton's Okanagan Extreme Home Builders continue to face legal troubles and claims in the millions ordered to pay building ...

In April this year, a new clause (h) was inserted in Section 43B of the Income-tax Act 1961 to provide that any amount payable by the buyer to a micro or small enterprise beyond 45 days will be ...

Managing invoices and receipts is a key part of running any business whether youre a freelancer a small business owner or part of a larger organization While there are various ways to create invoices ...

Under the new invoice management system, GSTR-2B will now be generated quarterly instead of monthly for taxpayers who file returns on a quarterly basis. However, for the first two months of the ...

A judge has condemned the London arm of a US law firm for sending a “disgraceful” letter to a competitor of one of its ...

As a freelancer or small business owner, receiving timely payments is crucial to meeting both personal and business financial responsibilities.However, managing expenses can become challenging when a ...