Readers, particularly those with an interest in the exempt education sector might remember the upper tribunal (UT) case ...

The Department of Inland Revenue (IRD) has issued a notice to taxpayers, urging them to meet key deadlines for tax payments ...

In order to remove the ambiguity brought along by the General Sales Tax, the Value Added Tax or VAT was brought into existence. It was a levy that was collected from the producers of certain goods and ...

Value Added Tax or VAT is nothing but a levy or charge that was implemented by the Central Government of India on the producers of goods, materials, and products. The VAT has now been replaced by the ...

Private school children in Surrey forced out by Labour’s VAT raid may be left without a school place after the council ...

Philippine President Ferdinand Marcos Jr. on Monday enacted a law granting value-added tax refund to non-resident tourists, ...

Private school parents are being forced to pay more for the Duke of Edinburgh’s Award under Labour’s tax raid – a move that ...

My organisation is about to become VAT registered and will be classified as partially exempt. I'm looking for different options in the way that we can initially account for input tax. It's been ...

TEMPO.CO, Jakarta - Indonesian President Prabowo has decided that the 12 Percent Value-Added Tax (VAT) will still be applied on January 1, 2025. However, its implementation will be selective, ...

The income limits for each tax bracket are increasing slightly in 2025. Calculate your taxable income by subtracting adjustments and deductions from your gross income. With marginal tax brackets ...

MILAN (Reuters) - Italian prosecutors have wrapped up a probe into alleged tax evasion of 887.6 million euros ($937.93 ...

The price of fuel includes excise duty, value-added tax (VAT), and dealer commission. VAT varies from state to state. After adding excise duty, dealer commission and VAT, the retail selling price ...